Agents Urged to Follow Good-Funds Policy

September 17, 2009

The subprime implosion two years ago forced title agents to go on high alert to follow a good-funds policy and make sure funds are in hand before disbursing. Several states have taken notice as well, crafting legislation over the past year modifying how funds are handled at the closing table.

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

SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development. 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.