American Land Title Association
Print Friendly
Home  >  Resources  >  Best Practices
Resources


RynohLive has revolutionized escrow account management. RynohLive lets you demonstrate proper escrow control to your lenders and underwriters more efficiently, and more cost-effectively, than any product or service in the market.


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.


Need Help?

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

News on Best Practices
July 19, 2016 Majesty Title Services Achieves Certification to ALTA Best Practices
Majesty Title engaged Security Compliance Associates (SCA), an ALTA Elite Provider, to perform the certification for all seven pillars. Majesty Title was first certified in 2014.
July 12, 2016 Luxe Title Services Achieves ALTA Best Practices Certification
PYA, a nationwide audit and accounting firm, provides the third-party assessment and certification to ALTA's Title Insurance and Settlement Company Best Practices.
July 7, 2016 Providence Title Receives SOC 2 Type 2 Report, Certification to ALTA Best Practices
Providence Title Company, a multi-office title agency located in Texas, has received a Service Organizations Controls (SOC) 2 Type 2 report from the national tax, accounting and business consulting form HA&W LLP. The consulting firm also certified Providence Title as being compliant to ALTA’s Title Insurance and Settlement Company Best Practices.
June 30, 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 30, 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 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.
More Articles on Best Practices


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
www.alta.org
service@alta.org
Copyright © 2004-2016 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment