Best Practices
Useful information about ALTA’s Title Insurance and Settlement Company Best Practices.
The CFPB has released its final rule for the new integrated mortgage disclosure. The rule integrates forms required under the Truth-in-Lending Act (TILA) and the Real Estate Settlement and Procedures Act (RESPA). The closing process with change significantly as the Loan Estimate will replace the current Good Faith Estimate and early Truth-in-Lending disclosure, while a Closing Disclosure will replace the HUD-1 and final Truth-in-Lending. The CFPB has given an implementation date of August 1, 2015. The new rule, comments, and guidelines can be found in the Best Practices section of our library.
Assessment Preparation Workbook
ALTA’s “Title Insurance and Settlement Company Best Practices” workbook page. Here’s where you’ll find the latest version of the Best Practices Workbooks.
ALTA’s Resources and Documents
ALTA’s “Title Insurance and Settlement Company Best Practices” resource and documentation page. Here’s where you’ll find the latest version of the Best Practices along with support documentation, as well as checklists, webinars and links to additional information, to aid implementation of the Best Practices.
ALTA’s “Title Insurance and Settlement Company Best Practices” checklist page. Here’s where you’ll find the latest version of the Best Practices Checklists.
NC Closing Attorney Best Practices Task Force
Created to establish guidelines for best practices to protect and better represent real estate closing clients, promote quality service, provide for ongoing employee training, and meet legal and market requirements.
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