LATEST NEWS: First National Title Insurance Company Hires Stephanie Coppage as Southeast Region Agency Manager
October 12, 2022LATEST NEWS: First National Title Insurance Company Partners with TitleCapture® to Empower its Agent Network
October 19, 2022
Download
or download free
[free_download_btn]
Description
All Maryland settlement agents should be aware of Maryland Insurance Administration Bulletin 22-12 ("MIA Bulletin") regarding disbursement of funds directly to associate real estate brokers, real estate salespersons, or certain business entities organized under Maryland Business Occupations and Professions article sec. 17-512. You can view the MIA Bulletin attached to this bulletin.
Please read the MIA Bulletin carefully. In order to make such payments, you will have to:
- Obtain written disbursement authorization from the real estate broker; and
- List such payments on the Closing Disclosure with the agreement of the lender.
If you need further information, please contact your Maryland Underwriter for FNTI.
Attached Files
1666108267wpdm_UNMD-Bulletin-2022-002-MarylandInsuranceAdministrationBulletin.pdf
Categories & Tags
Similar Downloads
No related download found!
