For Immediate Release
American Land Title Association Applauds Sens. Cramer (R-ND) and Warner (D-VA) for Introducing Bipartisan SECURE Notarization Act
Washington, DC, March 19, 2020 — The American Land Title Association (ALTA), the national trade association of the land title insurance industry, applauded Sens. Kevin Cramer (R-ND) and Mark Warner (D-VA) for introducing the bipartisan Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2020 (SECURE Notarization Act), which would permit immediate nationwide use of remote online notary (RON) with minimum standards and provide certainty for the interstate recognition of RON.
“With the need for social distancing to help prevent the spread of the virus, we want to provide options to consumers to close their transaction remotely nationwide,” said Diane Tomb, ALTA’s chief executive officer. “We applaud the leadership of Senators Kevin Cramer and Mark Warner for introducing The SECURE Notarization Act, which offers a safe alternative to help get transactions completed during this health crisis. The strong standards in this bill are important to prevent fraud and offer consumers a more secure alternative rather than FaceTime or Skype when buying property or refinancing a mortgage.”
###
About ALTA
The American Land Title Association, founded in 1907, is a national trade association representing more than 6,400 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. ALTA members conduct title searches, examinations, closings, and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.
Contact: Megan Hernandez
Office: 202-261-0315
Email: [email protected]