We supply an insurance disclosure at application for mortgage loans. We list life & disability, hazard insurance, etc. We go on to state that they’re not deposits, not FDIC insured, etc. We also have the disclosure that we can’t condition the extension of credit on their purchase of an insurance product, etc.
We are in the process of starting a title company subsidiary. We have an ABA disclosure ready to go.
Should we add the title company to our insurance disclosure or would the ABA disclosure be sufficient?