Amrock Inc. Achieves American Land Title Association Best Practices Certification
Detroit, June 8, 2018 – Detroit-based Amrock, formerly known as Title Source, today announced a new milestone of achieving certification with the American Land Title Association’s (ALTA) Best Practices Framework. This certification demonstrates proficiency in ALTA’s Best Practices for Compliance and serves to reaffirm Amrock’s commitment to the highest standards of excellence within the title industry.
“Throughout the years, we’ve worked tirelessly to deliver our clients and partners unparalleled service,” said Jeff Eisenshtadt, Chief Executive Officer of Amrock. “We’re especially proud to achieve the ALTA certification, as it is considered the gold standard for quality in our industry.”
The certification process was comprised of an extensive CPA examination conducted over a 90-day testing period by Aprio, a nationally-recognized CPA-led business advisory firm. During that time, Amrock was required to demonstrate compliance across ALTA’s seven best-practices pillars.
The pillars evaluate all areas of title and settlement services including licensing, controls for escrow account management, privacy and security, written procedures regarding production, delivery and reporting, liability and fidelity coverage and best practices for client relationship management.
“This was a concerted, company-wide initiative that we implemented to facilitate compliance throughout our entire organization,” said Alyssa Gazdag, Director of Audit and Compliance at Amrock. “To achieve our goal, we created a system of controls to maintain effective policies, procedures and processes. This ensured proficiency across the framework of best practices and was executed seamlessly. We’re very excited to share the certification with our clients.”
To learn more about Amrock, visit amrock.com
Amrock Inc. is the nation’s leading independent provider of title insurance, valuations and settlement services. The company is a preferred provider to nine of the top 10 mortgage lenders and delivers innovative solutions to streamline the real estate and mortgage financing experience for lenders, property owners and real estate professionals nationwide. The company is headquartered in Detroit and maintains regional operating centers in California, Ohio, Pennsylvania and Texas.