January 15, 2013
ALTA has released its complete “Title Insurance and Settlement Company Best Practices.” ALTA states that the Best Practices are a benchmark for the mortgage lending and real estate settlement industry to protect consumers, to promote quality service, to provide for ongoing employee training, and to meet legal and market requirements. Meeting the Best Practices is a voluntary decision by title insurance and settlement companies. The ALTA plans to focus on each Best Practice pillar in its publications and in webinars and offer examples for meeting these standards.