Fitch: US Lenders, Title Insurers See Operational Risk in New Rules

Business News
Print
NEW YORK & CHICAGO--(BUSINESS WIRE)--US title insurers soon implementing the Consumer Finance Protection Bureau's (CFPB) new integrated disclosure forms for residential home closings face operational challenges that could result in some market share shifts following its implementation, says Fitch Ratings. Glitches along the vendor chain as the new rules become effective on and after Oct. 3, 2015, could lead mortgage lenders to choose (or recommend) only the best prepared vendors. The revised di

imageimage