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The new 2024 Title and Escrow Claims Guide is now available to purchase in digital-only format or a new combination digital/print bundled version! Packed full of practical analysis, this 1,832-page volume adds well over 100 court decisions not found in the 2023 edition and offers new analysis on multiple subjects.
ALTA will break down various parts of U.S. Treasury Department’s Financial Crimes Enforcement Network's (FinCEN) proposed real estate anti-money laundering rule that will impose reporting requirements about all-cash residential transactions involving legal entities and trusts. Read on to learn about the types of transactions and properties, as well as the buyers that trigger when a report must be submitted to FinCEN.
ALTA’s Elite Provider Program features distinguished service providers committed to furnishing extensive benefits to the title insurance and settlement services industry. Elite Providers promote the highest industry standards and provide effective solutions for ALTA members’ critical needs.
It's important for title and settlement professionals to be aware of the latest phishing schemes. To help with this, ALTA has developed an infographic that highlights different phishing emails, what the fraudsters are attempting to do and how to spot the bait. This "fresh phish" attempts to steal Office 365 credentials to sell them or gain access to your email account. It's important to never approve multi-factor authentication requests that you didn't initiate.
In this role, Matthew Hood will provide Doma independent agents with the tools, resources and underwriter support they need to thrive and grow in the coming years.
Fidelity National Financial Inc. reported its title insurance segment generated $883 million in pretax income in 2023. This compared to pretax income of $1.1 billion in 2022.
Ardán Inc. appointed Rachel McIntosh as controller for its community of companies, which include Westcor Land Title Insurance Co., Grid151, X1 Analytics, Ardán Data Services and Westcor International.
ALTA SPRINGBOARD features multiple sessions in the Operations track that not only will help you streamline your business and increase efficiency in the current market but also will prepare you for future growth. Get ready to hustle and run the strategies you need to succeed! Register Today.
A judge for the United States Bankruptcy Court for the Southern District of Florida extended the deadline for consumers to file proofs of claim against MV Realty. Title agents and attorneys may have clients who should file a claim.
1:00-2:00 p.m. ET | Thursday, March 7 | Register Today
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a proposed rule that requires certain people involved in real estate closings and settlements to report information to the agency about all-cash residential transactions nationwide involving legal entities and trusts. Register for this free ALTA Insights webinar to learn more about the proposed rule, the impact it will have on title and settlement agents, and ALTA’s advocacy efforts.
To support the move, the company promoted Charity Murow from senior underwriting counsel to director of underwriting and compliance.
Arizona-based Landmark Title Assurance Agency recently expanded its reach in Nevada with the opening of an office in Elko.
ALTA Advocacy Summit | May 6 -8, 2024 | Register today
Let’s face it: Speaking directly with your Congressional representatives can be intimidating. What if I can’t answer a question? What if I forget what I’m supposed to say? What if I say the wrong thing? These worries sometimes become reasons not to attend ALTA Advocacy Summit. But don’t let fear turn your “yes” into a “no”! At ALTA Advocacy Summit, we set you up for success on Capitol Hill.
In a court filing with the U.S. District Court of Colorado, Qualia alleges that its former senior manager of product at ResWare stole data before resigning her position to join Settlor.
Theresa Kane-Mackenzie will oversee the company’s operations and expansion efforts in her role as assistant vice president and state agency manager.
Sen. Tammy Baldwin (D-Wis.) has introduced a federal bill that would tax real estate investors who hold more than 15 single-family homes.
ALTA member Todd Hougaard, president and co-founder of BLITS.IO, says modernizing and improving communications would help the title industry evolve by lowering labor expenses, reducing security vulnerabilities and enhancing the overall experience. However, a deeper understanding of the current circumstance is needed to direct this change. How much time per day does email cost you? Share your thoughts here.
First American Financial Corp. reported that its title insurance segment generated pretax income of $494 million during 2023. This compared to $757.4 million in pretax income during 2022.
Results of CertifID's 2024 State of Wire Fraud Report indicate a significant gap in consumer awareness and education as less than half reported they were only "somewhat" or "not aware" of fraud risks.
Closinglock reported the investment, led by Headline and backed by LiveOak Ventures, RWT Horizons and GTMfund, will aid its mission of fortifying the real estate industry against fraudulent activities and financial risks.
Due to a rule that went into effect Jan. 1, many companies are now required to report information to the Financial Crimes Enforcement Network about the individuals who ultimately own or control the company.
Christopher Smart, shareholder of the law firm Carlton Fields PA, provided today’s review of a decision by the New York County Supreme Court that addresses an underwriter’s request for default judgment in a foreclosure action.
Hoyt Mann, president and co-founder of alanna.ai, said milestone message came from Campbell & Brannon, an Atlanta, Ga.-based Acrisure partner, through its white-labelled version of Alanna, CBee.
Who doesn’t love a little intrigue? Former Secret Service Special Agent and interrogator as well as co-host of Bravo TV’s “Spy Games,” Evy Poumpouras will highlight the opening Idea Festival at ALTA SPRINGBOARD, March 19-21 in Oklahoma City, OK.
Thanks to the generosity of our donors, the ALTA Good Deeds Foundation is off to a great start in 2024! The Foundation held a fundraising campaign at the end of December. With your gifts, the Foundation received much more than its original goal—almost $60,000!
The Corporate Transparency Act is a new law that took effect Jan. 1. Many companies will need to prepare and file a Beneficial Owner Information (BOI) report with the Financial Crimes Enforcement Network of the U.S. Treasury (FinCEN). This CertifID-sponsored ALTA Insights webinar addresses the Corporate Transparency Act, its definitions of reporting company, beneficial owner, substantial control and company applicant, and discusses which companies need to file a BOI report.
Stewart Information Services Corp. reported that its title segment generated $27.3 million in pretax income during the fourth quarter of 2023. This compared to pretax income of $26.9 million during the same period a year ago.
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking that would require certain people involved in real estate closings and settlements to report information to the agency about all-cash residential transactions nationwide involving legal entities and trusts. Read on for a breakdown of the rule's requirements and estimated cost on companies to complete and file the reports.
After years of discussion, the California Department of Fish and Wildlife (CDFW) transferred more than 40 acres of the historic Mount Whitney Fish Hatchery in Inyo County to the Fort Independence Indian Community.
Missouri-based True Title Co. LLC recently expanded into Colorado with the opening of an office in Denver.
The four states that were updated include California, Mississippi, Rhode Island and Tennessee.
As the title and settlement industry continues to navigate a variety of regulatory challenges, it’s critical to educate legislators on the valuable role the industry plays in protecting property rights. ALTA Advocacy Summit provides a powerful forum for our industry to directly engage with policymakers and their staff. I have experienced how persuasive it is for legislators to hear the challenges you face and how you’re working to solve them. Watch how you can make a difference by attending ALTA Advocacy Summit in this new video:
The ALTA Good Deeds Foundation has created a fundraising committee to be led by Foundation Board Member and ALTA Past President Steve Day NTP. If you or someone in your office is interested in joining this committee, please email firstname.lastname@example.org. For more information on the Foundation, visit altagooddeeds.org.
Kick off ALTA SPRINGBOARD with a good deed! Join us at the Catbird Seat, the rooftop bar at the Omni Oklahoma City Hotel, for food and fellowship during an event benefitting the ALTA Good Deeds Foundation. Enjoy cold beverages and appetizers before a fun-filled day of education and networking at ALTA SPRINGBOARD! All proceeds go to the Foundation. Get your tickets today!
In the intricate tapestry of life, some individuals embark on journeys that seamlessly weave together personal passion, professional excellence and family legacy. ALTA President Don Kennedy is one such person. Kennedy’s roots trace back to a family tightly ingrained in the title insurance industry. He follows the footsteps of his father and grandfather championing the importance of title insurance.
James Thanasules, who has more than 25 years of title industry experience, was appointed president of AmTrust Title Insurance Co.
The National Security Agency (NSA) and Cybersecurity and Infrastructure Security Agency (CISA) released a cybersecurity advisory that highlights the most common cybersecurity misconfigurations in large organizations, and details the tactics, techniques and procedures actors use to exploit these misconfigurations.
Several federal agencies issued a guide outlining phishing techniques malicious actors commonly use and to provide guidance for both network defenders and software manufacturers. This will help to reduce the impact of phishing attacks in obtaining credentials and deploying malware. The guidance for network defenders is applicable to all organizations but may not be feasible for organizations with limited resources. Therefore, this guide includes a section of tailored recommendations for small-and medium-sized businesses that may not have the resources to hire IT staff dedicated to a constant defense against phishing threats.
Seven flyers, rack cards and blogs have been translated into 12 different languages. The translated files can be branded with an ALTA member’s logo and downloaded to print or shared digitally.
Amber Pfromm will manage the new office in the San Antonio suburb of New Braunfels, Texas.
Exciting news: We have extended our Early Bird rate for ALTA SPRINGBOARD! Register by Feb. 7 and save $100 on your member or non-member registration. Don’t wait until the last minute to register or you’ll also miss out on the attendee room block discount! Register Today.
More than 90% of title insurance companies reported the volume of cybercrime attempts increased or remained the same over the past year, according to a Cybercrime & Wire Fraud Study sponsored by the ALTA Land Title Institute. Read on for more results.
The platform brings together a range of tools, data and functionality aimed at improving the closing and homebuying experience.
Georgia became the eighth state to file a complaint against MV Realty, alleging the company misled consumers over the terms of the brokerage's 40-year listing agreement.
Agents of General Title who use SoftPro can order and generate approved General Title Insurance Co. closing protection letters (CPLs) and policy jackets directly through their SoftPro software.
Title industry veteran Randi Benge has launched Bonita Springs, Fla.-based title company The Title Link.
The data will be provided to Qualia under a licensing agreement with the national ALTA Title & Settlement Agent Registry, the national database of title and settlement agents.
Shawn Briner, an attorney with the law firm Briner Law Group, provided today’s review of a decision by the Missouri Court of Appeals that held an insurer’s knowledge of a pending zoning code violation lawsuit resulted in coverage of Covered Risk 5 of an ALTA 6-17-06 Owner’s Policy despite lack of notice in the public record. Read on to learn why this decision is important to the title industry.
ALTA is pleased to announce new and associate members, as well as real estate attorneys, who have recently joined ALTA. Over the past month, ALTA gained 87 new members, including 49 title agencies and 27 real estate attorneys. ALTA has 4,212 member companies so far in 2024. Read on to view a map of membership. Not a member? Click here to join today. You can check out member benefits here.
As if you didn’t already know, 2024 is an election year. Who better to hear from at ALTA Advocacy Summit than David Wasserman, Senior Editor and Election Analyst for thenonpartisan newsletter, “The Cook Political Report with Amy Walter.” A contributor to NBC News, Wasserman will analyze the current political environment for the House, Senate and presidential elections on Monday, May 6, during ALTA Advocacy Summit in Washington, D.C. Register Today!
March 19 - 21, 2024 | Oklahoma City, OK | Register Today
NEW VIDEO: If you’ve attended ALTA SPRINGBOARD in the past, you know why it’s valuable. But how can someone who has never been to the event be sure it’s worth their time and money? Watch as Andrea Castelli, Account Executive with First Class Signing Service, as she learns, laughs and high-fives her way through the ALTA SPRINGBOARD education sessions, networking and exhibit hall for the first time.
Mark Lewis NTP, CTIP, CESP, CAEP of Edwards Abstract and Title Co. in McAllen, Texas, and Robert Grinage NTP of San Juan County Abstract & Title Co. in Farmington, N.M., join the list of title professionals who have earned their national title professional designation (NTP). Check out the full list of NTPs here.
Old Republic International reported its title insurance segment generated pretax income of $133.5 million for 2023. This was down from pretax income of $308.8 million in 2022.
Homeowners will be alerted when the title of a property is transferred to another person.
SunZia, which is under construction in the Southwest United States by its owner Pattern Energy Group LP, is reportedly the largest clean energy infrastructure project in the history of the United States.
Bob Grohol comes to alanna.ai with four decades of technology experience and approximately 25 years in the title and real estate industry.
1:00-2:00 p.m. ET | Tuesday, March 5 | Register Today
Is your crew ready for March Madness? Teams all over the country are tuning up their game to hit the courts and put their selling offense in high gear. How can you compete? Suit up for this ALTA Insights webinar to learn about some solid plays guaranteed to result in wins for your company. We'll talk about more effective communication with your prospects, increasing business from your current accounts, building client relationships, getting referrals and how to scout the competition. Join Dr. Cindy McGovern as she opens her playbook and shares tips and techniques to help you score!
With GridBase, RamQuest customers can receive accurate, real-time title fee data and bidirectional order management of title and settlement services.
Explore the ALTA Marketplace, your go-to platform for the vendors, products and services you need. Utilize our user-friendly search interface to find what you’re looking for, whether it's production software, solutions for preventing wire fraud, data privacy and security compliance services, digital closing solutions, legal services and more.
The Jan. 16 article in The Wall Street Journal titled “Inside a Plan to Save Homeowners Hundreds of Dollars Closing Their Mortgages,” neglected many key facts and included several significant inaccuracies about the coverage, cost, and regulation of title insurance compared to attorney opinion letters. Read on for the facts.
March 19-21, 2024 | Oklahoma City, OK | Register Today
Game on: Take advantage of the Early Bird rate for ALTA SPRINGBOARD before it flies away! Register by Jan. 31 and save $100 on your member or non-member registration. Join your friends March 19-21 in Oklahoma City, OK. Register Today.
A new report from the Government Accountability Office (GAO) says the U.S. Department of Agriculture’s (USDA) processes to collect, track, and report key information about foreign investment in U.S. agricultural land are flawed.
The acquisition of the Chico, Calif.-based company adds four office locations to Old Republic Title’s Northern California Region.
Title Resources Group (TRG) has added Jenny Isgett to its executive leadership team, reporting to Chief Executive Officer Scott McCall.
The Consumer Financial Protection Bureau (CFPB) is adjusting for inflation the maximum amount of each civil penalty within the bureau’s jurisdiction. The increase went into effect Jan. 15.
The legislation contains an exemption for personal data subject to the Gramm-Leach-Bliley Act (GLBA), along with an exemption for publicly available information. ALTA has held that any comprehensive data privacy legislation should include an exemption for entities subject to the GLBA.
ALTA recently joined a letter supporting a bipartisan bill reintroduced in the Senate that would clarify the Consumer Financial Protection Bureau (CFPB) does not have any authority over the insurance industry.
The outlook for the housing market in 2024 is heavily dependent on the path of inflation and the health of the economy. While the Fed has indicated it is done with rate hikes for the time being, housing affordability and supply continue to hinder the market. Will the coming year be a redux of 2023? Listen to this ALTA Insights webinar recording as First American Chief Economist Mark Fleming offers his analysis of what title professionals can expect from the housing market over the next year. Fleming also highlights the benefits of title insurance, importance of curative efforts by title professionals, the impact of free riders on the public record and the cost of title insurance versus other more expensive fees when purchasing a home.
Sons and daughters, nieces and nephews were prime recruits for title agents in the past, as local mom and pop shops brought in the youngsters to pull records, pick up earnest money deposits and drop off documents for filing. In the last two decades, Millennials—and now Gen Z—have looked to the vast technology landscape, rather than family, to identify a possible career path. Read on for tips on how to recruit this generation into the title insurance industry.
California-based REAL Advantage Title Insurance Co. once again received a “no exceptions” letter for SOC1 & SOC2 compliance in an audit conducted by Baker Tilly.
Lone Star Title assumed all assets of Hale County Abstract & Title, including its abstract plants, title agency operations and examination services in six counties in the Texas Panhandle region.
Company co-founder Anton Tonev explained that the new name was derived from three unique elements.
Sign up today before registration fees increase: The member and non-member rates for ALTA Commercial Network go up on Jan. 26. If you work in the commercial title space, you are going to want to attend. This is the event created specifically for you and your business! The event will be held Feb. 25-27 in New Orleans.
A new logo—redesigned for the first time in nearly 60 years to reflect how the industry has adapted in the digital age—and a redesigned website—aimed to be more modern and usable—highlight changes ALTA recently unveiled. Read on to learn about how ALTA went about updating Thaddeus the eagle and key features of the redesigned website.
Starting with a pilot program goal of recording 14,000 properties, the project will support the Baltimore’s current vacant housing initiatives.
Rynoh released a new account verification service that allows title and escrow agents to confirm critical account information before sending a wire transaction.
Village Settlements, with offices in Frederick, Gaithersburg and Greenbelt, Md., has provided closing and settlement services since 1994.
A recent article highlighted the book, “The Comfort Crisis,” in which author Michael Easter argues through research why a certain amount of discomfort is good for our well-being.
ALTA Advocacy Summit is officially open for registration! Picture yourself walking the halls of Congress and meeting with our nation’s leaders face-to-face, May 6-8 in Washington, D.C. If you have never been to ALTA Advocacy Summit, there’s no need to be intimidated. The ALTA staff will walk you step-by-step through everything you need to know before you get to Capitol Hill.
San Juan County Abstract & Title Co., established in 1946, provides title examination, title plant abstract and settlement services for a variety of residential, commercial, farm/ranch and energy projects in San Juan County.
Considering the most recent cybersecurity incidents, ALTA's Information Security Work Group urges everyone to use extreme caution when opening emails containing links, attachments or requests for personal information, such as security credentials or authentication codes. Read on for additional guidance to improve cybersecurity protocols.
Missouri Gov. Mike Parson issued an executive order banning businesses or individuals from nations designated as adversaries from purchasing farmland within a 10-mile radius of critical military installations in the state.
The collaboration with GridBase allows InspectHOA to offer its HOA-focused technology and services to Resware users.
ALTA is alerting its members to delete a phishing email with the subject line “Membership."
WFG National Title Insurance Co. promoted Natalie Koonce to division president for the company’s Colorado region.