Choice Title Co., Inc., a small town real estate title and service company serving clients in the North Georgia and the Chattanooga, Tenn. area, was recognized as compliant with ALTA Best Practices.
Choice Title Co.’s compliance testing and attestation reporting was conducted by the independent accounting firm of HA&W through its ComplianceSuccess Program. HA&W was the first CPA firm in the nation to perform ALTA Best Practices compliance benchmarking, readiness and reporting services across all seven ALTA Best Practices pillars. The program delivers independent third-party assurance using CPA professional standards, which provide high levels of assurance to lenders.
“During the earliest conversations regarding compliance with ALTA Best Practices, we recognized its importance to our future business and lender relationships,” Choice Title Co., Inc. CEO Perry Underwood said. “We knew we wanted to partner with a CPA firm. After doing our research, we chose HA&W to perform our testing and reporting because they’re credible, follow the strongest professional standards and would provide us and our lenders with a higher level of assurance than others in the market today.”
The compliance process enabled Choice Title Co. to strengthen its policies and procedures and develop a more systemized approach to client service, an approach that has created added efficiencies for the company’s clients.
“It was the foresight of the leadership team, combined with the thoroughness of the operational team at Choice Title Co., that enabled their success throughout the compliance process,” said Lee Fields, managing director of HA&W’s ComplianceSuccess Program. “They understood the importance of beginning the compliance process early and the value that an ALTA Best Practices certification with attestation reporting would bring to their lenders and clients.”