PHONE: 225-766-6464
FAX: 225-763-6358
9100 Bluebonnet Centre Blvd. Ste. 102
Baton Rouge, LA 70809

Preferred Title Company (c) 2015
Preferred Title Company       Company Announcements

    September 10, 2015  PREFERRED TITLE COMPANY is certified compliant with all of ALTA's Seven Pillars of Best Practices by third-
    party examiner, Secured Title Solutions, LLC .  

    September 2015 Various staff members are working to complete Courses I and II of the American Land Title Institute.

    CFPB DELAYS START OF THE TILA RESPA INTERGRATED DISCLOSURE from August 1, 2015 until October 3, 2015, so we all
    have 60 more days to become compliant, work out the bugs in software and determine the best course to take to have the residential
    transactions take place with the least amount of delay and confusion.

    BEGINNING AUGUST 1, 2015, the GFE HUD-1 Settlement Statement and the Truth-in-Lending Disclosure will be replaced on most
    Single Family Residential 1 - 4 transactions.  The lender will issue a "Loan Estimate" (LE) which will disclose information regarding the
    loan which has been applied for by the borrower.   At closing the Settlement Statement and Truth-in-Lending Disclosure will be merged
    into one 5-page document entitled "Closing Statement" (CS).  The Lender will be subject to new time delays and restrictions regarding
    both the LE and the CS.  The Lender will always prepare the LE, and depending on the Lender used by the borrower, either the Lender or
    the Title Company will prepare the CS.  Lenders who prepare the CS will require that all costs and payments to be disclosed on the CS
    must be provided to them as much as two (2) weeks before the closing date.  Changes in the APR, changes in loan terms such as a pre-
    payment penalty, or other terms of the loan will require the Lender to re-disclose to the borrower resulting in a minimum 3-day
    postponement of the closing.   Lenders, real estate agents and brokers, and title companies are working together now to make sure the
    changes which will begin August 1st do not upset the closing plans of buyers and sellers.  You can learn more about these disclosures
    and other matters which are referred to as "Know Before You Owe" by going to the Consumer Financial Protection Bureau webiste
    at http://www.consumerfinance.gov/knowbeforeyouowe/

    The HUD-1 and GFE HUD-1 settlement statements will be used for those real estate closings which are not subject to the CFPB LE and CS
    disclosure forms, for example cash sales and owner financed transactions will continue to be disclosed on the HUD-1 Settmement
    Statement, and some Lender financed transactions will continue to be disclosed on the GFE HUD-1 Settlement Statement.

    June 2015 Connie Mier completes Title 101 of the American Land Title Institute, and has started Title 201.

    June 2015 Preferred Title Company has implemented the 7-Pillars of Best Practices and is waiting for third-party verification, click on
    the "Best Practices" tab to read more.

    February 19, 2015 - Connie Mier passes the Louisiana Department of Insurance Title Producers Exam, and is now a licensed title agent
    in the State of Louisiana. Connie is able to discuss with you all of your title insurance needs, so give her a call, and say Congrats!

    November 2014 Preferred Title is vetted and verified by Secure Settlements, Inc. as a trusted title services provider.

    June 2014 Preferred Title Company adopts the policies and procedures outlined in the "Seven Pillars" of ALTA's Best Practices
    most of which practices have been a part of the policies and procedures of Preferred Title Company since 1996, and which compliance
    will assure lenders and consumers that all reasonable safeguards are in place.

    November 9, 2013  Pat Miller is elected Treasurer of the National Association of Independent Land Title Agents at the 2013 Annual
    Convention held at the Monteleone in New Orleans.

    August 12, 2013 Connie Mier, closing secretary with Preferred Title, receives Notary Commission having successfully completed the
    Louisiana Notary Exam in June.

    January 10, 2013 Pat Miller is named as Co-Chair of the Louisiana State Bar Association's Uniform Title Standards Committee for the
    revision and update of the 2001 LSBA Title Standards.

    January 2012, Patrick L. Miller was elected President of the Louisiana Association of Independent Land Title Agents at the first meeting
    of the Association. LAILTA is a non-profit trade association, created August 9, 2011 and represents the interests of independent title
    insurance agents and independent real estate settlement professionals from across the State of Louisiana. LAILTA is associated with the
    national association NAILTA .

    December 2011, Pat Miller is elected to serve on the Board of Directors of the Louisiana Land Title Association.

    October 2011, Pat Miller is appointed to legislative committee of the Louisiana Land Title Association.

    February 2011, Pat Miller is appointed to serve on Notary Study Committee by the Louisiana State Bar Association.

         January 2011, Pat Miller is selected to serve on Dept. of Insurance's Title Agent's Advisory Council.

    2010 Pat Miller volunteers to serve as a monitor for the Disciplinary Counsel of the Louisiana State Bar Association.

    2010 Pat Miller is a co-presenter of the Louisiana Land Title Association's Title Summit.

    2010 Pat Miller is presenter at the Louisiana Land Title Association's TITLE 101 presentation given to the Louisiana Dept of Insurance.

    2008 Preferred Title Company adopts the ALTA Consumer Protection Initiative

    June 25, 2007 Baton Rouge Independent Title Attorneys (BRITA) is incorporated and Pat Miller is elected its first President.

    2006 Ananda Atmore, escrow secretary and notary public, completes Course I and II of ALTA's Land Title Institute.

    2006 Marie Walker, escrow secretary  and notary public, completes Course II of ALTA's Land Title Institute.

    2006 Debbie Miller, marketing director and notary public, completes course I of ALTA's Land Title Institute.

    2006 Maggie James, receptionist, completes Course I of ALTA's Land Title Institute.

    2005 Ananda Atmore, escrow secretary passes first Statewide Notary Exam to receive State Notary Commission.

    2002 Pat Miller joins with several other local title attorneys to create a trade association known as Baton Rouge Independent Title
    Attorneys (BRITA).

    2002 Debbie Miller, marketing director of Preferred Title, is chosen as the Affiliate of the Year by the Women's Council of the Greater
    Baton Rouge Area Realtors.

    1998 Debbie Miller receives East Baton Rouge Notary Commission.

    1998 Pat Miller is chosen as the Affiliate of the Year by the Greater Baton Rouge Area Realtors.

    1997 Pat Miller is licensed as an instructor for pre-licensing, post-licensing and continuing education by the Louisiana Real Estate
    Commission; and Preferred Title Company is licensed
    as an Education Vendor by the Louisiana Real Estate Commission.

    1996 Preferred Title Company is organized as a Louisiana Land Title Company and opens for business.
    PH: 225-766-6464
    FAX: 225-763-6358
    9100 Bluebonnet Centre Blvd.
    Suite 102
    Baton Rouge, 70809