Davis, Bingham, Hudson & Buckner Receives ALTA Best Practices Certification

April 12, 2016

Davis, Bingham, Hudson & Buckner, P.C., a regional title and settlement services provider based in Auburn, Alabama, recently achieved compliance with ALTA’s Title Insurance and Settlement Best Practices.

National certified public accounting and management consulting firm PYA(Pershing Yoakley & Associates PC), an ALTA Elite Provider of Best Practices services, provided the third-party assessment and certification services.

“Our Firm chose to work toward certification with PYA because they are an ALTA Elite Provider and nationally recognized as the ‘gold standard,’” said Nancy Davis, president of Davis, Bingham, Hudson & Buckner. “Our firm frequently serves as counsel on transactions that involve parties and lenders outside of our region, and PYA’s national reputation means that our certification is accepted anywhere.”

With this certification, Davis, Bingham, Hudson & Buckner, has proven its continued commitment, not only to regulators and lenders, but to all consumers, ensuring a positive and compliant real estate settlement experience, Davis added.

“PYA served as a true partner during the rigorous certification process,” said Tom Bingham, a partner with the law firm. “Their substantial experience in working with closing firms throughout the country brought our office new ideas and innovative ways to update our established procedures.”

In order to ensure the protection of consumers’ non-public personal information, regulators have increased the demand for protective measures throughout title and settlement procedures.  Due to this oversight, lenders are reviewing their relationships with service providers and becoming more sensitive to the types of companies with which they do business.  To help meet this need, ALTA created the Best Practices Framework to help title and settlement agents prepare policies and procedures to protect lenders and consumers.

Taylor Buckner, partner of Davis, Bingham, Hudson & Buckner, explained, “Certification with PYA provides confidence and comfort to our clients and lenders, assuring them of our first-class security measures and closing procedures.”

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