Best Practices Maturity Model: Another Take on Best Practices Assessment Reports

ALTA’s Best Practices Maturity Model is a resource to help companies identify areas of their policies and procedures that can be enhanced to better meet the Best Practices. To use the Maturity Model, a company must first undergo a Best Practices assessment that tests the company’s policies and procedures to the ALTA Title Insurance and Settlement

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Survey: Risk of Mortgage Fraud, Misrepresentations or Defects Continues to Decline

Defect, fraud and misrepresentation risk is falling across the United States, and decreasing to very low levels in some markets, according to First American’s latest Loan Application Defect Index. Data shows that the frequency of defects, fraudulence and misrepresentation in the information submitted in mortgage loan applications decreased 1.4 percent in September as compared with

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Go Where Your Customers Are

With so many consumers obtaining information on their phones and through social media, make sure to take advantage of the member-exclusive content provided by ALTA in the Hombuyer Guide. The guide includes nearly 70 items that title professionals can use to explain the benefits of title insurance. Source: ALTA Blog

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Water/Sewer Account Info and Final Readings

All title professionals in DC should be familiar with water/sewer charges, which are administered by the D.C. Water and Sewer Authority (WASA) (https://www.dcwater.com/). Unpaid water and sewer charges constitute a lien on real property, which means that you need to raise an appropriate exception in Schedule B of your title commitment/policy. The liens attach to

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How (Un)Lucky are You? One in Three Cyberattacks Result in a Security Breach

One in three targeted cyberattacks over the past 12 months results in a security breach, according a new survey from Accenture. Despite this alarming number of incidents, 75 percent of respondents were “confident” they were doing the right things with their security strategies, and a similar number said security is “completely embedded” in their cultures,

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