You can expect the best and know that Land Title is TRID ready. We are prepared for the new regulations that roll out on October 3, 2015. We have given our employees extensive training on understanding the new forms to ensure a seamless and hassle free closing. Our technology department and software systems have all been updated and are in place to be able to work with the new lender requirements. Finally, our entire team is fully prepared and on board for the new changes. We are looking forward to helping guide our real estate agents, lenders and builders through the new transition process.
Land Title underwent a SOC 1 (SSAE 16) examination and has been independently certified for ALTA's Best Practices. In an effort to guide its members, raise the bar in the title industry, and assist the lending community in its compliance efforts, the American Land Title Association ("ALTA") developed the Title Insurance and Settlement Company Best Practices. ALTA's Best Practices are a comprehensive collection of policies and procedures the title industry should follow in order to protect consumers and lenders with an emphasis on privacy, data security, safeguarding consumer and lender funds, and adherence to applicable consumer financial laws.
Need more information about the new forms and CFPB regulations? We can help!
We provide CFPB Classes to help educate our clients on an ongoing basis and have trained over 2,000 real estate professionals.
For more information about the CFPB changes or to setup a class in your office contact one of our Account Managers today.