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Sunbelt Title Company has received a certificate of compliance with the American Land Title Association’s (ALTA) Title Insurance and Settlement Company Best Practices Standards. Sunbelt Title Company is a real estate title and closing company with offices in Bossier City.
As a result of changes to federal regulation of mortgage lending, mortgage lenders are under increased pressure to ensure that title companies handling real estate mortgage closings strictly comply with the federal requirements, including protection of customers’ nonpublic, personal information. In response, ALTA established a comprehensive best practices framework (called “Best Practices”) to be followed by real estate title and closing companies to assist lenders in satisfying their responsibility to manage third-party vendors. ALTA’s Best Practices closely align with the Consumer Financial Protection Bureau’s (CFPB) laws and regulations applicable to the same industry. Beyond the establishment of these voluntary best practices, ALTA also has proposed that title companies obtain certification of compliance with Best Practices by an independent thirty party.
Sunbelt Title Company is pleased to announce that the company has implemented ALTA Best Practices and has received its certification of compliance by the accounting firm of Heard, McElroy & Vestal. With this certification, Sunbelt has established that it is adhering to documented operational policies and procedures which allow it to provide its clients with the best service and safety possible.
“Sunbelt understands the demanding regulations that impact our clients and this certification was necessary to create a safe financial environment and offer our clients optimal service. This certification comes from months- long efforts and dedication by Casey Bloxom, Kathleen Pruitt, and the rest of the Sunbelt staff,” said Tom Arceneaux, Blanchard Walker director and president of Sunbelt Title Company.
Sunbelt Title Company is a wholly owned subsidiary of Blanchard, Walker, O’Quin & Roberts, a Professional Law Corporation, of Shreveport. Sunbelt offers a full range of real estate services including title insurance, residential and commercial closings, title examinations, escrow services, and abstracting. Sunbelt Title Company is conveniently located at 2250 Hospital Drive, Suite 100, Bossier City, Louisiana 71111. For more information, please visit the website at www.sunbelttitlecompany.com or call 318-742-9255.