Top Ops Hurdles Created by CFPB Disclosures

March 18, 2014

During the opening general session of ALTA’s 2014 Business Strategies Conference on March 13 in Nashville, Tenn., an expert panel discussed the biggest workflow and process challenges title professionals will face as they transition from today’s HUD-1 to the new Closing Disclosure Form. Read on to learn how issues such as itemization of fees, as well as timing and delivery of the Closing Disclosure will impact process flow and relationships with lenders.

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SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.