|2 credits – This one covers ALTA Best Practices, Pillar 4. In this course, the learner learns how to complete the section of their policy and procedure manual for Pillar 4|
ALTA Best Practices Pillar 4
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This course is one in a series of Courses that discuss ALTA Best Practices. This one covers Pillar 4. The objective of the course is for the learner to complete the section of their policy and procedure manual for the pillars discussed in the course. Also, upon completion, the learner will be confident that they will be able to pass an ALTA Best Practice audit for the pillars discussed in the course.
Pillar 4 is about adopting standard real estate settlement procedures and policies that help ensure compliance with Federal and State Consumer Financial Laws as applicable to the Settlement process. The course covers the 34 questions asked in the ALTA Pillar 4 Workbook so that the learner understands what is expected to be compliant. The course covers the Action Items report, Assessment Readiness, and Certification
Adopting appropriate policies and conducting ongoing employee training helps ensure the Company can meet state, federal, and contractual obligations governing the Settlement.
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