To better serve the needs of title agents and lenders in sharing information about compliance with best practices, ALTA has approved a representation letter that will replace its certification package. The association said the letter corrects a flaw in the certification package and is designed to make it easier for companies to communicate their compliance with the ALTA Best Practices to third parties.
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ALTA approves best practices letter
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Industry News
Tuesday, September 19, 2017
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To better serve the needs of title agents and lenders in sharing information about compliance with best practices, ALTA has approved a representation letter that will replace its certification package.
The association said the letter corrects a flaw in the certification package and is designed to make it easier for companies to communicate their compliance with the ALTA Best Practices to third parties.
Read on to learn what information is included in the letter and when it becomes effective.
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