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For Comment by July 29, 2016

Please submit all comments to bestpractices@alta.org.

Proposed Amendments: ALTA Title and Settlement Company Best Practices (for comment by July 29, 2016)
The proposed changes to the ALTA Title and Settlement Company Best Practices include modifications to the Best Practices to better reflect marketplace trends and common business practices.

Proposed Amendments: ALTA Best Practices Assessment Procedures (for comment by July 29, 2016)
This revision to the ALTA Best Practices Assessment Procedures provides clarification to areas of confusion, allowing the procedures to better reflect how agents operate.

Proposal: ALTA Best Practices Maturity Model (for comment by July 29, 2016)
This new ALTA tool allows agents to demonstrate the steps they have taken towards implementing the ALTA Best Practices by measuring a company's practices against benchmark compliance levels.


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Check out ALTA's Elite Providers that can assist with Best Practices implementation, compliance, and assessments.

News on Best Practices
June 28, 2016 ALTA Board Approves Best Practices Maturity Model to Help Measure Compliance
After nearly a year of discussions with members, lenders and assessment providers, ALTA’s Best Practices Executive and Internal Auditing committees created the Best Practices Maturity Model to help companies evaluate their policies and procedures to ease adoption of Best Practices. Read on for more information on how to use the Maturity Model to determine compliance with Best Practices. The Maturity Model is under a public comment period until July 29.
June 28, 2016 Quiz Time: Gramm-Leach-Bliley
An understanding of Gramm-Leach-Bliley Act (GLBA) is needed to recognize the type of data is allowed to be shared. Read on for a Q&A on a few data/document sharing scenarios. Answers were provided by Richard Andreano and Kevin Leitao of the law firm Ballard Spahr.
June 28, 2016 ALTA Board Approves Modifications to Best Practices
ALTA’s Board of Governors on June 9 approved proposed changes to the association’s “Title Insurance and Settlement Company Best Practices” to better reflect market needs and trends. Changes address ACH transactions and international wire transfers, clarify requirements associated with maintaining and disposing of non-public personal information, add standards for engaging third-party signing professionals, and modify the time frame that title insurance agents must report title insurance policies and remit premiums to their underwriters. The Best Practices changes are under a public comment period until July 29. Read on for more information and how to submit comments.
June 28, 2016 Equity National Certified SOC 2, Type II and for ALTA Best Practices
Equity National Title has been awarded the National Title the American Institute of Public Accountants’ (AICPA) Service Organization Control 2 (SOC 2) Type II certification following an audit from independent accounting and technology firm Sparrow, Johnson & Ursillo. Additionally, Equity National Title was certified as being compliant with ALTA’s Title Insurance and Settlement Company Best Practices by the accounting and technology firm.
June 22, 2016 Your Website's Two Most Valuable Pages
Realtor Mag | June 21, 2016
Do you know how to optimize your website for conversions? You don’t have to be an expert in conversion rate optimization to make a big difference in your website’s performance. It just comes down to applying a few basic principles to the two most valuable pages on your site.
June 17, 2016 Use ALTA’s On-demand Print Shop to Boost Consumer Education
New England Real Estate Journal | June 16, 2016
ALTA offers an exclusive on-demand print service as part of its Homebuyer Outreach Program (HOP) that allows members to easily customize marketing resources, download modified digital files for free or order discounted print products for use in their local market.
More Articles on Best Practices


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American Land Title Association
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Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
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