Owner’s Policies Labeled 'Optional' But Education Is Not

May 20, 2014

The Consumer Financial Protection Bureau's final rule for its integrated mortgage disclosures requires owner's policies to be labeled on the new Loan Estimate and Closing Disclosures, which must be implemented in August 2015. While challenging, the industry must embrace this opportunity to explain the value of title insurance.

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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.