American Land Title Association
Print Friendly
Home  >  News Room
News Room

SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Landtech Plans Seminars to Introduce its New Landtech XML with the HUD-1 Changes

July 8, 2009

Landtech Data Corp. has completed the changes required by RESPA for the new HUD-1/1A, which will be required Jan. 1. Because of the nature of the required disclosures, Landtech is preparing orientation seminars to acquaint users with the various options and interpretations in using the new HUD settlement statements.

"The new HUD form which adds a Page 3 hooked with the GFE (Good Faith Estimate) requires some getting-use-to", said Wyatt Bell, president of Landtech. "As we've discovered in our 30 years of providing real estate settlement software, lenders can be quite creative with disclosures. So we've taken the time to insure maximum flexibility that will allow the Landtech System to accommodate any lender requirements."

The new HUD RESPA rule requires use of the new GFE/HUD as of Jan. 1. Lenders, however, have the option of using the new HUD prior to that date.

Karl Heeter, the Landtech representative for the Northeast U.S., said “clients are concerned the new HUD rules are unclear and may present significant challenges. Flexibility in the new Landtech system is key to meeting those challenges.”

Marie Motter, the Landtech representative in Atlanta, said the company will offer multi-media training options such as seminars, webinars and individual online sessions to meet the different needs of customers.

Print Friendly

How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
Copyright © 2004-2016 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment