The Texas Land Title Association (“TLTA”) has recently published that:
The Texas Title Insurance Guaranty Association (TTIGA) announced that the Guaranty Fee will increase from $2 to $3 starting Oct. 1, 2026. TTIGA gave notice to all Texas title agents to collect an increased Guaranty Fee charge from the purchasers of each owner and lender title insurance policy issued in the state, beginning with closings after September 30, 2026.
Who pays the guaranty fee and who submits it? The consumer purchasing owner and lender title insurance policies pays the fee, which is shown on the Loan Estimate and the Closing Disclosure and collected by the title agent at closing. The title agent remits the fee to TTIGA on a quarterly basis using the Policy Guaranty Fee Remittance Form (Form TG-1).
Who is TTIGA? What do they do? TTIGA is a non-profit, unincorporated association of all Texas-licensed title insurance companies governed by a board made up of title industry and public members appointed by the Texas Commissioner of Insurance. It exists to protect Texas title insurance policyholders and claimants when a title insurance company or title agency is designated as impaired by the commissioner of insurance.
TTIGA collects the policy guaranty fee from title insurance transactions to fund the title insurance agent audit function of the Texas Department of Insurance and to fund the costs associated with insolvency of a title agent.
So, be prepared to show on your Loan Estimated and Closing Disclosures for all loans closing after September 30, 2026, the new $3.00 Policy Guaranty Fee in lieu of the old $2.00 fee.
Questions about this memo can be addressed to Jay Beitel at jay.beitel@mortgagelaw.com. Please note that our firm is available for all services and issues relating to residential mortgage lending. Our team can be accessed through www.mortgagelaw.com/our-team.
