It's fascinating to me that ALTA is now lobbying for title insurance as an inclusion

in the final definition of Qualified Mortgage as juxtaposed with their successful lobby against inclusion of insurance as a regulated business under Dodd Frank.

So, isn't that kind of like HELP US SELL MORE TITLE INSURANCE BUT DON'T LOOK AT US WHILE WE DO IT?

Anyway, here's a blurb from HW.

"Prudent underwriting of a borrower’s ability to repay would require that a creditor evaluate the title to the collateral to determine what outstanding debts will need to be satisfied before the creditor can obtain the first lien mortgage," said Anne Anastasi, president of ALTA.

"A title search and examination backed by a title insurance policy is a crucial underwriting feature that ensures that the borrower will have the ability to repay the mortgage by verifying their ownership of collateral and identifying any liens superior to the creditor’s mortgage," Anastasi said.