Proposed TRID Title Insurance Clarification: Senator Warren Cries Wolf

Recently, I came across an article written by Senator Elizabeth Warren entitled “Don’t Make Bad Bill on Bank Deregulation Worse.”  In this article, the Senator warned against efforts by the House to add additional deregulation measures to the bill that was approved by the Senate (S-2155, “The Economic Growth, Regulatory Relief and Consumer Protection Act”), opining that such efforts, if successful, would make the Senate bill even more dangerous than it already was. Regardless of anyone’s view on the merits of S-2155 or the House’s efforts to supplement it, I was struck by one of the examples she gave of the “dangerous” measures the House was considering adding to the bill.  It reminded me of the story about the boy who cried “wolf” so often that when a real wolf approached the town in which the boy lived, his cries of “wolf” raised no alarm among its residents. The example I’m talking…

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