ALTA® Reviews MBA Proposal on Uniform Closing Instructions
|March 29, 2006|
The ALTA Closing Committee is reviewing a proposal from the Mortgage Bankers Association to create a new uniform closing instruction form. The proposal would create two separate documents: "General Closing Instructions" (GCI) and "Specific Closing Instructions"(SCI). ALTA has already received several comments from members of the Closing Committee. If you have comments regarding the proposal, please e-mail them to Ed Miller,ALTA's General Counsel and Director of Government Affairs, at firstname.lastname@example.org.