ALTA Responds to Closing Cost Study
July 21, 2011
While ALTA encourages transparency in providing consumers costs associated with obtaining a loan, the faulty methodology Bankrate uses in collecting data for its study leads to inaccurate results of the true cost of title insurance. ALTA sent a letter to Bankrate.com outlining significant problems and concerns with the study about how title insurance costs are calculated and portrayed.
Contact ALTA at 202-296-3671 or firstname.lastname@example.org.