ALTA Best Practices Certification
Crescent Title has been certified by the CPA firm of Habif, Arogeti & Wynne, LLP as having satisfied industry-accepted benchmarks established by the American Land Title Association’s (ALTA) Best Practices.
We are told that Crescent Title is the first title company in the Greater New Orleans area to be awarded this rigorous certification and examination report.
ALTA created these Best Practices to help its members highlight policies and procedures the title industry exercises to protect lenders and consumers, while ensuring a positive and compliant real estate settlement experience.
What does this mean?
This certification confirms that Crescent Title is compliant with the Consumer Financial Protection Bureau’s new TILA-RESPA Integrated Disclosure (TRID) Rule.
This certification allows Crescent Title to continue to close for local and national lenders.
Many lenders have stated that after October 3, 2015, only title companies that have obtained third-party certification will be allowed to handle residential real estate closings on their behalf.
We are grateful that you trust Crescent Title with your business and recognize the importance of keeping that trust.
With this certification, you and your clients can be assured that we are exceeding TRID compliance requirements and will continue to provide outstanding customer service.