SoftPro Current is a blog created by the experts at SoftPro to provide up-to-date information on the ebb and flow of the closing and title industry. Whether it's regulatory changes or other important industry topics, SoftPro is your partner and will work alongside you to help make sense of everything.
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Category Archives: TLTA
Guaranty Fee Goes Into Effect April 1 The Texas Title Insurance Guaranty Association board voted to reinstate the Policy Guaranty Fee at $3 per policy for all transactions closed on or after April 1, 2016. According to the TTIGA Guaranty … Continue reading
The Texas Disclosure (T-64) is an addendum to the new federal Closing Disclosure form. On October 3, 2015, the Texas Department of Insurance (TDI) will require settlement agents to use the Texas Disclosure in addition to the Closing Disclosure Form. … Continue reading
The Texas Department of Insurance (TDI) issued an order setting a Guaranty Assessment Recoupment (GARC) Fee effective January 1, 2014. All title agents will be required to collect a GARC fee of $1.80 on each owner and loan policy. This … Continue reading