CFPB Bulletin 2016-02 – Impact on Title Agents

In this new Bulletin, CFPB again reminds Lenders to secure specific documentation from third party service providers, i.e., tile agents. This is a restatement of the same message sent in a 2012 Bulletin. Title agents should be prepared to receive new requests for copies of written internal policies and procedures that demonstrate their ability to protect the lender’s customer’s NPI.

 

Source: CFPB Bulletin 2016-02 – Impact on Title Agents