HA&W’s ComplianceSuccess Program Completes Testing on Title Agents Across the U.S. on ALTA Best Practices
Companies demonstrate compliance with ALTA Best Practices pillars
October 6, 2015- HA&W, LLP announced today that an additional 25 firms have achieved ALTA Best Practice compliance through HA&W’s ComplianceSuccess® Program.
Each firm’s compliance testing and attestation reporting was conducted by the independent accounting firm of HA&W through its ComplianceSuccess Program. HA&W was the first CPA firm in the nation to perform ALTA Best Practices compliance benchmarking, readiness and reporting services across all seven ALTA Best Practices Pillars. The program delivers independent third-party assurance using CPA professional standards, which provide greater confidence to lenders.
HA&W provides multiple compliance offerings, including reviews, examinations, as well as SOC 1 and SOC 2 reports and ISO 27001 certifications to accommodate specific lender requirements. A review provides a level of assurance best suited for businesses with fewer than 300 residential closings per year and one to two escrow accounts. An examination report provides a level of assurance suitable for businesses with over 300 residential closings per year and three or more escrow accounts.
Firms that have completed a review include:
- Advantage Closing & Escrow, Inc. and Advantage Title Abstract Company, Inc.
- Battles, Furgerson & Associates, LLC
- Bird, Cofield & Moise, LLC & Red Oak Title Company, LLC
- Crown Title Corporation
- Cumberland Title & Guaranty Company, LLC
- First Excel Title, LLC
- J. Calvin McBride & Associates, PC
- James D. Benefield III, Attorney at Law
- Joel S. Jenkins, Jr., Attorney at Law
- Lakeforest Title & Escrow Co., Inc.
- Lakhiani Law, PLLC
- Law Office of Chris Albanese, LLC
- Partnership Title Company, LLC
- Riley, Caldwell, Cork & Alvis, P.A.
- Saddle Creek Title, LLC
- Single Source Real Estate Services, Inc. & Charter Title, LLC
- Stein & Associates, LLC
- TitleSave Agency, Inc.
- Walter W. Arnall, LLC
Firms that have completed an examination include:
- Aldridge Connors, LLP
- Crescent Title, LLC
- Ianniello Anderson, P.C. and Northway Title Agency, Inc.
- The Judicial Title Insurance Agency, LLC
- O’Kelley & Sorohan, Attorneys at Law, LLC
- PGP Title
“Becoming compliant with ALTA Best Practices is a critical step for title and settlement professionals to take as the title industry continues to become more regulated,” said Lee Fields, managing director of HA&W’s ComplianceSuccess Program. “By choosing a CPA attestation report, the companies that have demonstrated compliance with ALTA Best Practices are leading the industry in providing their lenders and stakeholders a higher level of assurance by proactively addressing their internal operations to mitigate operational risk.”
For more information about HA&W’s ComplianceSuccess Program, visit http://www.compliancesuccess.com or call 1-844-848-6529.
ABOUT HA&W’S COMPLIANCESUCCESS® PROGRAM:
Working with more than 300 title agents and settlement firms nationwide on ALTA Best Practices testing and reporting, HA&W, LLP is the leading CPA firm in the nation to provide ALTA Best Practices compliance benchmarking, readiness and certification reporting through its ComplianceSuccess Program. The program provides independent third-party assurance using CPA professional standards on attestation reporting, trusted by banking and financial institutions. Our fast track approach will assess your current level of compliance and provide you with a remediation plan in five business days. Our process delivers the best price point to achieve compliance, offering complete compliance benchmarking and reporting across all seven ALTA Best Practices Pillars. To ensure our ComplianceSuccess Program is in lock step with industry standards and requirements, HA&W is actively involved at the highest level with ALTA, the AICPA, underwriters and most important, our clients.