The Trusted Adviser

October 2017 | Volume 10 - Number 7

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ALTA Launches National Title and Settlement Agent Registry

Jerry T. Gorman photoThe American Land Title Association (ALTA) recently announced the opening of the ALTA Title and Settlement Agent Registry – a national online "phone book" for all title agents and underwriters. The Registry is designed to be a public source primarily used by mortgage lenders to confirm the identity and contact information for title agents and underwriters throughout the country with whom lenders will be coordinating closing services. You can find out more about the Registry and the registration process through ALTA's website and instructive YouTube videos.

"Much like if you look up someone’s number in a phone book, the national ALTA Registry is a snapshot of useful information for the real estate industry," said Michelle Korsmo, ALTA's chief executive officer. In this day of digital access, it is also hoped that real estate buyers and sellers will also use the Registry to shop for a title agent. Read more...

Jerry T. Gorman
ATG Senior Vice President - Downstate Operations

ATG MEMBER AGENTS | Underwriters' Bulletin

Hot Topic

Predictable Recording Fee Act — House Bill 3036 has been signed into law in response to the constraints imposed by federal regulations.

Procedural Update Reminder

NOW IN EFFECT - New ALTA Commitment - Clarity, Plain Language, and New Conditions

ATTORNEYS | Practice Notes

Real Estate and Title News

McHenry County Exemption Requirement Effective September 1, 2017 — County Recorder instituting new procedure for requesting exemption from the Rental Housing Support Program surcharge.

URGENT WIRE FRAUD REMINDER: Confirm Wire Instructions before Sending Funds — Including when transmitting funds to the closing agent and making payoffs of mortgage loans.

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[Last update: 10-20-17]