HA&W, LLP announced it has certified seven more title agencies as compliant with ALTA Best Practices. These agencies, along with more than 400 others, have been working with HA&W’s ComplianceSuccess Program. HA&W worked with ALTA, the AICPA and title agents to develop its distinctive ALTA compliance testing.
AICPA standards allow lenders to directly rely upon attestation engagements such as ComplianceSuccess. AICPA standards do not, however, allow third parties such as lenders to directly rely upon agreed-upon procedure or consulting engagement certifications provided by many in the ALTA compliance industry. ComplianceSuccess gives title agents a real advantage in the marketplace as well as increased comfort in their own risk management. HA&W’s attestation-level engagements are required to be totally independent, giving lenders even greater confidence in an agent’s compliance.
HA&W provides a wide array of ALTA compliance reports including: CPA reviews, CPA examinations, SSAE16/SOC 1 and SOC 2 reports and ISO 27001 certifications. For a small agency, reviews start as low as $3,750, including a detailed readiness assessment. An examination adds HA&W’s CPA opinion along with increased onsite testing. SOC 1 and SOC 2 reports, along with ISO 27001 certifications, meet the needs of the largest and most sophisticated agencies.
HA&W stands with its clients by only issuing attestation-level ALTA compliance certificates, unlike other CPA firms in the market. Our services are the gold standard, as non-attest reports do not provide an opinion and do not follow the assurance standards of the AICPA.
Firms that have recently achieved ALTA Best Practices certificates through HA&W’s ComplianceSuccess Program include:
- Caputi Law, LLC
- Crump & Richardson, PLLC
- Frances Casey Lowe, P.A.
- Landmark Title Services, Inc.
- Lyons Title & Trust
- Mayo Land Title Company, Inc.
- Nowlin & Associates, LLC dba Nowlin, Bachuss & Gray Law Firm
“The title agencies and settlement firms that have already achieved compliance with ALTA Best Practices are proactive leaders in their industry,” said Lee Fields, managing director of Business Consulting Services at HA&W. “These businesses are looking to grow through the operational efficiencies achieved by implementing ALTA Best Practices, while at the same time positioning themselves as market front-runners.”