RGA offers public relations, content marketing and corporate communications services.

Main menu

ALTA Consumer Survey Shows 40% Confused by Title Fee Calculation on Closing Disclosure

ALTA Consumer Survey Shows 40% Confused by Title Fee Calculation on Closing Disclosure

"While the CFPB has accomplished some of the things most important to homebuyers, consumers would value their mortgage disclosures more if the CFPB showed the accurate costs of title insurance instead of the incremental costs," Korsmo stated. "The CFPB has an obligation to make this simple change to more accurately disclose the cost of title insurance. We strongly urge the Bureau to make this change in this rulemaking to ensure that the millions of Americans purchasing property this year better understand their financial investment in their home."

Comments 0