News


February 2, 2017 | Homebuyers Lose Under Proposed Title Insurance Changes | Austin Business Jounral

AUSTIN, TEXAS  – When buying a home, most Texans think about the sales price, the interest rate they’re getting and what their monthly mortgage payment is going to be, including homeowners insurance and property taxes. They may not think of title insurance.
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April 10, 2016  | Texas' Real Estate Process Safe, Simple | The Lufkin News

LUFKIN, TEXAS  – For most Texans, buying a home will be a family’s biggest purchase. Purchasing a new home is stressful enough, and the last thing a new homeowner needs to worry about is an unknown heir claiming their new home, a bill for outstanding property taxes or another unknown title defect that could put the home sale at risk.
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April 5, 2016 | Unwise to Take Radical Departure From Texas' Safe and Simple Real Estate Process | Various Texas Newspapers
AUSTIN, TEXAS  – To protect against these dangers, Texas has developed a simple and secure title insurance process. Across the state, consumers can choose title insurance policies at prices that are 15% less than they were 25 years ago. Over the same time, Texas title insurance has remained among the safest, most stable and transparent protections in the country. 
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March 15, 2016 | Letter to the Editor | Austin American-Statesman 
AUSTIN, TEXAS  – Anyone who compares title insurance to home or auto insurance doesn't understand the service. Title insurance protects new property owners from losing their homes or small business due to defects in titles. It's a one-time purchase to reduce the risk of financial losses, making it more like a financial service than service. Unlike home and auto insurance rates that have seen premium rise over the past 25 years, title insurance rates have actually dropped 15 percent.
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March 14, 2016 | Protecting Private Property Rights Essential to Texas Economy | Austin American Statesman
AUSTIN, TEXAS  – Most Texans haven’t given title insurance a second thought. That’s because they don’t have to. Consumers heading into home buying season can rest assured that Texas’ title insurance professionals are taking care of the details needed to protect their most important and valuable asset: their home. Texas’ strong oversight has taken the guesswork out of that part of the real estate transaction, providing one of the safest, most stable and transparent title insurance markets in the country.
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March 13, 2016 | Letter to the Editor | Austin American-Statesman
AUSTIN, TEXAS  – The Texas Association of Business has called for drastic changes to Texas' title insurance market to make sure we line up with other states. However, they failed to mention that new property owners in those other states who have adopted the association's market model experience losses up to 27 times worse than Texas' when comparing our loss-to-premium ratio that takes our state's size into account.
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February 2, 2016 | TLTA News Release

AUSTIN, TEXAS  – The Texas Land Title Association (TLTA), the state trade association of the land title industry, released the following statement today from president Patti Bonner in response to the Texas Association of Business and Texas Public Policy Foundation attack on the state’s title insurance system. “I’m proud to say that competition is alive and well in the Texas title industry, and a title insurance policy in Texas costs less today than it did 20 years ago. As a matter of fact, the title industry has seen only one price increase in the last two decades. Very few industries can make that claim about their prices. By any measure, the Texas title insurance regulatory system works well for consumers. Over the past two decades, Texas title insurance rates have decreased by approximately 15 percent, while the costs of other similar goods and services have increased. A $150,000 title policy on a home today costs $1,152, while in 1991 the same policy cost $1,347.    
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