Anyone Know Anything about Title's

[Kryptonite]

So, I bought my X5 from out of town and had it shipped to Houston, Tx. My credit union (financer) asked me to take the paperwork to our County to pay taxes on the vehicle and get it registered. Well, after all of the red tape and everything (plus nearly $2K in taxes & fees), I finally get a title and it says "None" for the Lein Holder. Im thinking, wtf? So, my credit union wants me to fix it, and add them as the lein holder but the little devil on my right shoulder is saying "hold off"...

Are there any benefits to keeping the title as is or can this some how screw up my registration/insurance/etc down the road?

Kryptonite