The Closing Exchange has successful completed its American Land Title Association (ALTA) Best Practices review, the company announced.
The company said the review, completed by certified public accounting and professional services firm PYA, P.C., demonstrates its continued dedication to compliance by exceeding the standards set forth by the industry.
“We are excited to complete our ALTA Best Practices review,” The Closing Exchange CEO Alan Frelix said in a release. “As a signing services and technology provider for the industry, it is mission critical that we not only maintain compliance with ALTA Best Practices, but also exceed these standards in our everyday workflow and operations. We strive to offer the best possible experience to our clients, while ensuring that our processes follow the rigorous compliance standards of the mortgage industry.”
Frelix said continued compliance with ALTA Best Practices solidifies The Closing Exchange as an organization that provides superior notary services, and demonstrates to lenders and title agents that their interests will be appropriately handled and their clients' privacy protected.