Monday, March 30, 2009
comment on rate filing
Dear Mr. Romberger:I am writing concerning the proposed changes to the TIRBOP rate structure. I do hope my comments will be considered as I did not learn of the rate filing until last week, having received no notice from my title underwriters or PLTA.I am a licensed title insurance agent. I have over 30 years of experience in the fields of real estate, mortgage lending and title insurance.
comment on rate filing
Dear Mr. Romberger:I am writing concerning the proposed changes to the TIRBOP rate structure. I do hope my comments will be considered as I did not learn of the rate filing until last week, having received no notice from my title underwriters or PLTA.I am a licensed title insurance agent. I have over 30 years of experience in the fields of real estate, mortgage lending and title insurance.
PA title insurance rate increase in the news
Fees for some documents, such as a home closing service letter, would more than double under the proposal. Discounts for such things as home refinancings — where previous title searches were completed for the initial home purchase — would be eliminated.Title rates are subject to approval by the Pennsylvania Insurance Department.The industry contends its revenues declined 16 percent during a
PA title insurance rate increase in the news
Fees for some documents, such as a home closing service letter, would more than double under the proposal. Discounts for such things as home refinancings — where previous title searches were completed for the initial home purchase — would be eliminated.Title rates are subject to approval by the Pennsylvania Insurance Department.The industry contends its revenues declined 16 percent during a
Sunday, March 29, 2009
Closing Services Letter and defalcations
Let's fix the problem instead of charging consumers a higher fee for coverage. When a consumer or a lending institution hands money over to a PA licensed title agent, they do so under the perceived umbrella of regulatory oversight. You may be surprised, however, to know the our insurance regulations contain no guidelines for the management of the title agent's escrow account. In fact, it's the
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