The TDI website now includes a link that lists the rigorous standards each licensed title agent must endure to maintain their approved status in Texas. While there are many lenders looking to outside vetting companies to assure them that the agents meet certain standards, I am confident those standards are more than covered by the compliance requirements of the TDI. Please use this valuable link below to let your clients know that title agents in Texas are examined, reviewed, audited, and analyzed on a regular basis. Texas is one of the most regulated states in the country, and there is little need for the use of independent vetting companies.
Each lender will have its specific requirements and each case must be addressed individually. However, the TDI has given licensed title agents the unique option to present themselves as fully compliant and verifiable with Texas regulations.
FNTI supports the proactive approach the TDI has taken in regards to compliance and regulations. Our compliance department is available to assist our agents with their certifications.
Use this tool to sell yourselves.
How TDI Regulates and Oversees Title Insurance Agents – http://www.tdi.texas.gov/title/overctitleagnt.html