The American Land Title Association®
) has created Title Insurance and Settlement Company Best Practices
. These are meant to serve as a guide for ALTA members in enhancing existing business practices to protect consumers, ensure quality service, provide for ongoing employee training, and meet legal and market requirements.
Over the past four years Stewart has developed independent agency standards
and instituted processes to ensure consumers, lenders and our agencies are protected and will have a quality experience for their transactions – putting us ahead of the game in preparing agencies for CFPB compliance. In coordination with the ALTA, our Stewart CFPB Task Force has been talking with a variety of experts, trade associations and lenders throughout the real estate industry and staying on top of all developments surrounding the proposed rule and bulletin. And, Stewart supports the efforts of the ALTA to establish best practice standards for the industry.