Answer:
Not on non-purchase transactions but on all purchase transactions you must disclose Owner Title Insurance regardless if you require it or not.
First published on BankersOnline.com 2/25/13
Amount for Title Insurance Premium on GFE/HUD?
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Question:
Our bank was told that we must include an amount for title insurance premium on the GFE and HUD even though we do not require it. Is this true?
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