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TRID – Disclosing SI Title

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TRID – Disclosing SI Title

There is still considerable confusion around how to disclose lender’s title policy and owner’s title policy
premiums when there is a simultaneous purchase discount in play. Having reviewed Closing Disclosures
from various settlement agents at this point, we are seeing inconsistencies in how the premiums are
being disclosed. Further complicating matters is whether the seller or the buyer will pay for owner’s
title.

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