Top Advocacy Issues We are Watching
Data Privacy
With states passing inconsistent laws and no uniform federal law ad- dressing data privacy, there's a patchwork of rules for companies to comply with.
Learn More About Data PrivacyDigital Closings: SECURE Notarization Act
The Securing and Enabling Commerce Using Remote and Electronic Notarization Act (SECURE Notarization Act) is bipartisan federal legisla- tion that permits immediate nationwide use of remote online notarization.
Learn More About SECUREGood Funds
The use of various payment rails in real estate transactions is governed by state Good Funds laws. These laws set requirements for acceptable forms of closing funds.
Learn More About Good FundsRisks of Alternatives to Title Insurance
ALTA continues to take the lead in engaging with state regulators, the FHFA, Fannie Mae, Freddie Mac and lenders about the risks of waiving title insurance requirements.
Learn More About Risks of Alternatives to Title InsuranceDiscriminatory Covenants
ALTA opposes any form of housing discrimination and proactively works toward solutions that address illegal discriminatory covenants recorded in the public records.
Learn More About Discriminatory CovenantsNon-Title Recorded Agreements for Personal Service
ALTA supports efforts to protect consumers by prohibiting the filing of unfair real estate fee agreements in property records. ALTA advocates for state laws and regulations preventing enforcement of NTRAPS.
Learn More About NTRAPSYour Voice Matters
TAN is the premier grassroots organization promoting the importance of the land title insurance industry. In the current regulatory environment, our industry faces threats of new policies at both the state and federal levels that could seriously affect your business.
Join TANLatest Advocacy News
House Legislators Urge FHFA Inspector General to Examine Title Waiver Pilot
June 27, 2024
During a hearing on June 26, House Republicans pressed the Federal Housing Finance Agency’s (FHFA) inspector general to look into the handling of two controversial pilot programs—including a title waiver pilot—that would expand the government’s role in the housing market.
Federal, State Legislators Question Title Waiver Pilot
June 6, 2024
ALTA has said the pilot pushes the government sponsored enterprises (GSEs) into the title insurance business, a primary market activity for which Fannie Mae and Freddie Mac are not chartered, licensed, regulated or reserved to provide. Many federal and state legislators have now voiced concerns with the pilot since title insurance is comprehensively regulated at the state level.
Modern Payment Rails and the Impact on Good Funds Laws
May 22, 2024
The way people send and receive money is changing. Consumers and businesses are moving toward technologically advanced payment practices that better align with their evolving wants and needs. While the industry has been hearing a lot over the past few years about modern payment rails, it’s important for title and settlement services professionals to understand which payment methods are appropriate for real estate transactions.
Comparison of Payment Rail Options
May 22, 2024
ALTA developed analysis that examines how money could be transferred using four different payment alternatives for a hypothetical transaction. The analysis examines the transaction limits, timing and fraud/allocation risks for wires, Real-time Payments, FedNow and the Automated Clearing House.
FBI Urges Companies to Update Email Security
May 15, 2024
The Federal Bureau of Investigation, National Security Agency and the U.S. Department of State have issued a joint cybersecurity advisory warning of state-sponsored email attacks that evade authentication security measures. According to the advisory, the Democratic People’s Republic of Korea (DPRK, a.k.a. North Korea) Kimsuky cyber actors to exploit improperly configured DNS Domain-based Message Authentication, Reporting and Conformance (DMARC) record policies to conceal social engineering attempts.
Five More States Ban Unfair Real Estate Fee Agreements
May 9, 2024
Nearly half of the states in the country now have passed bills protecting homeowners from the predatory practice of filing unfair real estate fee agreements in property records, known as Non-Title Recorded Agreements for Personal Services (NTRAPS). The latest states to pass bills over the past month include Arizona, Nebraska, Kentucky, Oklahoma and West Virginia.
All Advocacy Issues
Anti-Money Laundering/FinCEN
Data Privacy
Digital Closings/Remote Online Notarization
Discriminatory Covenants
Elder Real Estate Fraud
Federal Advocacy
Flood Insurance
Foreclosure
Foreign Ownership of Land
Heirs' Property
Native American Lands
Non-Title Recorded Agreements for Personal Service (NTRAPS)
Predictable Recording Fees
Real Time Payments / Good Funds
Redaction/Record Shielding
Serving Consumers and Communities
State Advocacy
State Legislation Tracking Map
Title Waiver Pilot
Unregulated Title Insurance Alternatives