ALTA Immediate Past President to Testify Before Congress About Data Security, Wire Fraud

Washington, D.C., Oct. 30, 2017 — Daniel D. Mennenoh ITP, NTP, the immediate past president of the American Land Title Association (ALTA), the national trade association of the land title insurance industry, will testify Wednesday, Nov. 1 before the Subcommittee on Financial Institutions and Consumer Credit during a hearing titled “Data Security: Vulnerabilities and Opportunities

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ClosingCorp Reports Average Mortgage Closing Cost Data

The average national closing costs totaled $4,876, according to a recent survey released by ClosingCorp. This data represents the average closing costs, including lender’s title, owner’s title, settlement, appraisal, transfer taxes (where applicable), recording fees and other costs including inspection (pest, roof and home) services and land surveys. This data is compiled using real rates

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ALTA Redesigns 99-year-old Magazine, TitleNews

For nearly a century, TitleNews has been the go-to source of information about the land title insurance industry. Iterations have evolved from an extremely text-heavy publication since the first edition in 1918 to a magazine that attempts to meet the needs of today’s readers. In the latest incarnation of one of the main ALTA member

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New ROD Forms Effective 10/16/17 (including new FP7!)

The Recorder of Deeds has now posted the most current Application for First-Time Homebuyers (ROD 11) and OTR’s Notice regarding it (OTR Tax Notice 2017-07) on its website. We urge DCLTA members to download the necessary forms from ROD’s website in order to have the most updated versions in your systems. https://otr.cfo.dc.gov/book/recorder-deeds-tax-forms For settlements conducted

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