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#2037472 - 09/07/15 01:24 PM Owner'sTitle Insurance on Closing Disclosure?
Compliance Poster Offline
Gold Star
Joined: Sep 2001
Posts: 404
On the Closing Disclosure, if the borrower chooses to purchase owner's title insurance is this item listed in C. Services Borrower Did Shop For or H. Other?

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TRID - TILA/RESPA Integrated Disclosures Rule
#2037474 - 09/07/15 06:10 PM Re: Owner'sTitle Insurance on Closing Disclosure? Compliance Poster
John_Burnett Offline
Junior Member
John_Burnett
Joined: Feb 2013
Posts: 32
Cape Cod
Section C is only used for services required by the creditor for which the borrower shopped (see 12 CFR 1026.38(f)(3)). Since OTI is optional, it has to go in Section H.
Last edited by John Burnett; 09/08/15 02:13 PM.
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