ALTA® Responds To Misleading Consumer Reports Article

July 7, 2006

ALTA wrote a letter to the editor of Consumer Reports Money Adviser responding to her July 2006 editorial, "Clear Title to Profits." The editorial made a number of inaccurate and/or misleading statements, saying that title insurance is "vastly overpriced" and that we don't pay enough in claims.

The reporter did not call ALTA for comment prior to publishing the story. She was basing her uneducated comments on what she has read in the media recently. When we see articles like this, we usually take the time to write to set the record straight and hopefully educate the writer for future articles. Click here to read ALTA's letter and see the original article.


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.