Tennessee Law Firm Receives ALTA Best Practices Certification
November 20, 2014
Tennessee-based law firm Brandt and Beeson PC recently received certification that it has implemented ALTA’s “Title Insurance and Settlement Company Best Practices.
The certification, which is good for two years, was provided by the public accounting and consulting firm PYA. With this certification, the firm has established and is adhering to documented operational policies and procedures that reflect all of the best practices.
“It is a great accomplishment for a small- to medium-size organization to be at the forefront of best practices implementation and certification,” said Matthew Rekers, director of PYA’s ALTA Best Practices Services Group. “Brandt and Beeson has demonstrated that it is possible for an organization of any size to meet these new guidelines.”
Rick Beeson, co-founder of Brandt and Beeson, thanked PYA for helping develop and apply procedures to help his small firm “to accomplish our goal of implementing and receiving certification of ALTA Best Practices.”
In July, ALTA encouraged members to complete a self-assessment by September 2014. While that date has passed, the benefits for implementing best practices and obtaining certification still exist. Title and settlement companies are encouraged to become certified in order to demonstrate to lenders the measures they have taken to protect the consumer’s nonpublic personal information and to gain a competitive advantage when lenders ask for this certification, according to PYA.
Contact ALTA at 202-296-3671 or [email protected].