The Colorado Columbine

HB 1407 Available

House Bill 1407 is now available for your review in PDF format.

Register now for Spring 2008 Classes!

The Colorado Title Institute's Spring Session is scheduled for Friday, May 16, 2008.  Both members and non-members can download the class schedule and register online from the main registration page.  Online registration is also available from the navigation map in the left column.

Proposed RESPA Rule Change

A proposed rule to simplify and improve the process of obtaining mortgages and reduce consumer settlement costs was published on March 14, 2008 in the Federal Register.  We expect that the title industry and most other industries involved in Real Estate transactions will strongly oppose this approach to RESPA reform. Look for more news and how you can help coming soon.  You can view that document in PDF format and also see existing RESPA documentation in our Federal Regulations Section of the Industry Regulations and Guidelines area of this web site.

Thanks for your help on SB 162!

Senate Bill 162 was killed in the Senate Health and Human Services Committee on March 5th.  The grassroots efforts of LTAC members along with the efforts of the Colorado Bankers Association, and Colorado Association of Realtors, resulted in the bill being defeated.  Thanks to all of you who took the time to contact legislators on this important issue.

Contact Your Legislators

Click here to visit the web site...Have a hot topic to share with your elected officials?  Don't know who your elected officials are??  Confused about how to contact them???  Visit Project Vote Smart and get the answers you need.  It's quick, easy, and full of useful information!

New Membership Program launched

The Membership Committee of the Land Title Association of Colorado would like to invite you to join fellow title professionals and become an LTAC member. One of the Committee's goals for 2007/2008 is to increase LTAC participation among title professionals, by providing information and resources necessary in today’s competitive environment. You can read the full brochure explaining this program, and you can even join online today.

LTAC Newsletter

LTAC President George Sutherland offers his thoughts along with all of the latest news in the Association Newsletter.

 

About LTAC

The Land Title Association of Colorado is a non-profit trade organization designed to promote and advance title insurance issues in Colorado. We were incorporated in 1963, but our organization history dates back to 1906, when a concerned group of title professionals joined together to ensure competency and thoroughness in Colorado title work. Their legacy lives on today in LTAC. Our members, businesses or individuals, come together to protect Colorado real estate transactions. Real estate buyers, sellers, financers and developers all benefit from the quality title work fostered by LTAC and its members.

Our organization provides education to its members, outreach to the consumer community, and insight to legislators and regulators about the title insurance industry. We are proud of our history, engaged in the present, and challenged by our future.

Legislative Watch: click for the latest revision of SB249 in PDF Format.

Check the News section for links to the latest Legislative Updates on the Colorado State Assembly current session. The latest LTAC Newsletter is also now available.

  • Worked with the Colorado Department of Regulatory Agencies (DORA) to refine legislation to provide appropriate rules and enforcement regarding affiliated business arrangements. (House Bill  06-1141)
  • Filed an amicus brief in the Hicks v. Londre case that successfully protected the ability to apply the principle of equitable subrogation to prevent unintended results.
  • Worked with the Real Estate Commission and Forms Committee to achieve withdrawal of a new real estate contract provision (12a) that would have made our work product public information.
  • Represented our title industry in meetings and groups such as the Real Estate section of the Colorado Bar Association; the Interprofessional Committee; the Colorado Housing Council; the Title Advisory Council of the Division of Insurance; and the Real Estate forms committee.
  • Met with County Clerks and Recorders representing various counties to clarify their recording policies and procedures for our members throughout the state.
  • LTAC Lobbyist Cathy Wanstrath, along with members of the Association’s Legislative Committee, monitored and successfully lobbied for amendments on legislation being proposed at the state legislature that could positively or negatively affect our title industry and the protection we afford our consumers.
  • Attended ALTA national conferences and advocated for our industry with Colorado’s Congressional delegation in Washington D.C.
  • Hosted the annual Legislative Luncheon for LTAC members to meet and talk with members of the Colorado General Assembly.  Approximately 150  people attended this event.
  • Enhanced our education programs by adding additional classes on a broader range of title industry topics.
  • Hosted our Spring and Fall schools together with additional programs at the Legislative Luncheon to provide continuing education credits for the association’s C.T.I.S. designation to over 300 industry members.
  • Hosted the 85th Annual LTAC Convention in Vail, Colorado.  Over 110 title and closing professionals from both small and large companies, agencies and underwriters throughout the state participated. 

These are only a few of things LTAC has recently accomplished for our industry.

OTHER NOTEWORTHY ACHIEVEMENTS:

  • Initiated a bill which will establish clear standards for the timely recording and indexing of real property  documents by County Clerk and Recorders (Senate Bill 04-047).
  • Initiated and passed a bill to amend the name variance statute(s) to streamline the process of correcting errors on real property instruments (House Bill 03-1194).
    Successfully amended a bill with a change in the law (see CRS §38-35-124.5) that has already saved LTAC members many thousands of dollars that were previously lost due to inaccurate payoff statements (Senate Bill 02-161).
  • Worked with the Colorado Mortgage Lenders and the Division of Insurance to create a new good funds agreement.
  • Formed an Operational Task Force with the Colorado Mortgage Lenders Association to encourage communication and promote more efficient processes between our two industries.
  • We are proud to be represented by the services of a professional management team and lobbyist to take the lead in implementing the direction of the LTAC members.
  • Implemented technologies that saved the association thousands of dollars by introducing an electronic system for distribution of newsletters and other member communications.

Don't be left out!

Your association is hard at work for you.  We’re building more and better services and more political clout for you! If you are not a member, join today! If you are a member, keep supporting LTAC, help us find new members, and tell us what else we can do for you!

THE LAND TITLE ASSOCIATION OF COLORADO . . .it’s your title association.  Become a member today!

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