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#2040630 - 09/25/15 05:07 PM TRID calculator for title insurance
Bec Offline
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Bec
Joined: Jul 2010
Posts: 1,115
The Great White North
I was just shown a tool supplied by a title company that would calculate the cost of title insurance specific to that company. Why is this making me leary? Would there be any RESPA section 8 violation here? It is free to use and I am assuming its available to everyone. Its a pretty slick tool. Is anyone else being supplied these things by title companies?
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TRID - TILA/RESPA Integrated Disclosures Rule
#2040735 - 09/25/15 08:53 PM Re: TRID calculator for title insurance Bec
Carolina Blue Offline
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Carolina Blue
Joined: Jul 2005
Posts: 961
Lost in a regulatory fog
There is no issue here. It's just a way to disclose their fees. Most title companies now have a rate calculator available on their website.

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#2041073 - 09/28/15 09:51 PM Re: TRID calculator for title insurance Bec
Bec Offline
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Bec
Joined: Jul 2010
Posts: 1,115
The Great White North
Thanks, one can not be too careful smile
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