ALTA® Alert: FTC Proposes Affiliate Information Sharing

June 16, 2004

Section 214 of FACTA added a new section 624 to the FCRA that prohibits a company that obtains certain information about a consumer from an affiliate from using that information in connection with its marketing of goods or services to the consumer unless it has first given the consumer the ability to opt-out of such solicitations.  The FTC was directed to promulgate implementing regulations by December 2004. The FTC has published proposed regulations (69 Fed. Reg. 33324 (June 15, 2004) on which comments are due by July 20, 2004. 

Affiliate Marketing Rule (69 FR 33324)


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents. ALTA ONE Sidebar Ad - Green and Blue