New Best Practices Assessment Guide and FAQ Resource Available

October 22, 2015

ALTA announced today the development of a Best Practices Assessment Guide and Frequently Asked Questions (FAQ) Resource.

ALTA developed its “Title Insurance and Settlement Company Best Practices” to help companies highlight practices the industry exercises to protect lenders and consumers, while ensuring a positive and compliant real estate settlement experience.

“With more lenders requiring service providers such as title insurance and settlement agents to demonstrate compliance with ALTA’s Best Practices, the need to undergo an assessment is becoming a necessity,” said Michelle Korsmo, ALTA’s chief executive officer. “We developed these resources to help industry members understand how to meet their lender demands by providing detailed guidance about how to prepare for and undergo a Best Practices assessment. We are confident this new product will assist title and settlement agents as they strive to help lenders meet regulatory requirements.”

The Best Practices Assessment Guide and FAQ Resource can be accessed at www.alta.org/bestpractices.


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

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