We can be a big help with all the big changes you’re facing.
As a mortgage lender, you know better than anyone else the changes facing all the participants in the real estate transaction. You can rest assured that Stewart is ahead of the curve. Upon the release of the proposed mortgage and closing disclosure rule on July 9, 2012, our CFPB task force immediately began evaluating the legal aspects of the rule and initiating the process to account for the various possible scenarios outlined within the proposed rule.
We are updating our associates and our agencies on an ongoing basis and working with a variety of industry experts to analyze all possible scenarios resulting from the mortgage disclosure rule and other CFPB regulations affecting the real estate transaction.
We have been working within our Stewart Title offices and with our independent agencies to:
- Mirror current transactions using the new forms
- Determine the workflow under the three-day rule
- Provide responses and feedback to the American Land Title Association® and the CFPB
In fact, it has been our goal to make it easy for you to find a trusted provider for your transactions.
Title Insurance and Settlement Company Best Practices from ALTA® are meant to serve as a guide for ALTA members in enhancing existing business practices to protect consumers, ensure quality service, provide for ongoing employee training, and meet legal and market requirements.
Sellers, buyers, borrowers, lenders and agents, attorneys, or employees of those persons – please confirm you are in compliance with your state DOI regulations before utilizing any resources, content or information from this site.