ALTA RESPA Task Force Comments on First Round of Draft Final Disclosure

November 22, 2011

The Task Force’s comments to the CFPB focused on four key areas, such as proposing to split the form into a section for lender information and another for settlement agents to complete; changes to section formatting and numbering that will require costly software updates; continued use of roll-up lines; and the future use of the tolerance concept.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.