Best Practices
Best Practices
When you see the trusted provider seal, you know that you have found a title company that has been rigorously vetted and meets the high quality standards to be a Trusted Provider Agent.
All American Title has passed an intensive due diligence screening which includes:
- Third party audit by Deloitte, LLP
- Background and credit checks
- Extensive review of agents experience, business model and policy loss history
- Licensing verifications
All American Title conducts business according to stringent independent agency standards such as:
- Maintain honesty and integrity above all
- Stay firmly customer focused
- Employ dedicated and well trained staff
- Maintain a business model that supports long term success
- Maintain acceptable policy loss ratios
- Comply with all federal, state, and local rules and regulations
- Reconcile all escrow accounts in a timely manner
- Ensure efficient and secure real estate settlements
- Deliver title policies to customers in a timely manner (at closing if possible)
- Address customer complaints in a timely manner
All American Title undergoes strict ongoing monitoring including:
- Deloitte audits based upon risk model scoring
- Quarterly visits and detailed operational checklists covering multiple points
- Random background and credit checks
- Extension training programs for loss mitigation and loss avoidance
- CFPB compliance training
- Ongoing licensing verifications
All American Title goes even further exceeding requirements by adding additional security for our customers
including, but not limited to the following:
- Escrow Security Bond issued by Lloyd’s of London
- Cyber Liability Policy issued by Lloyd’s of London
All American Title has established our “ALTA Best Practices” and continue to attend workshops to keep us up to
date, allowing us to serve you and the mortgage lending industry on an ongoing basis. We have you and your
protection at heart and consistently upgrade our standards for your protection!