American Land Title Association Sets Membership Record for Eighth Consecutive Year

Washington D.C., Oct. 11, 2017 (GLOBE NEWSWIRE) — The American Land Title Association (ALTA), the national trade association of the land title insurance industry, celebrates its eighth consecutive year of all-time record membership. With 6,344 member companies, ALTA has surpassed its 2016 membership record by nearly 100 companies.

“The growth of ALTA is directly related to the success of our members and the growing sense of unity throughout the land title insurance industry,” said Michelle Korsmo, ALTA’s chief executive officer. “ALTA is the premier source of education, networking, advocacy, communications and professional industry standards. Our members are protectors of property rights and provide peace of mind for millions of homebuyers each year.”

“We pride ourselves on listening to our members and developing products and resources that help them succeed in an evolving marketplace. ALTA members are committed to exceptional service and reducing risk so that homebuyers can rest assured that their property rights are protected. We are excited to welcome new and returning members into the ALTA family each year and will continue to provide new solutions for the challenges facing our industry in the coming years,” Korsmo continued.

ALTA’s active and diverse membership includes title insurance companies, title and settlement agents, abstracters and real estate attorneys. The majority of these members are small business owners who rely on the variety of benefits and services that ALTA provides. For information on becoming an ALTA member, click here.

Six Land Title Industry Facts:

  • Protects property rights for millions of American homebuyers
  • Collects $4.75 billion each year in back income taxes
  • Recovers $325 million each year in unpaid child support
  • Employs more than 107,000 people supporting nearly 223,000 jobs
  • Produces $26 billion in goods and services each year
  • Pays almost $8 billion in wages each year

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About ALTA

The American Land Title Association, founded in 1907, is the national trade association representing more than 6,300 title insurance companies, title and settlement agents, independent abstracters, title searchers, and real estate attorneys. With offices throughout the United States, ALTA members conduct title searches, examinations, closings, and issue title insurance that helps protect the property rights of millions of American homebuyers every year.

*Designation under the National Title Professional Program solely demonstrates that a land title professional has met the particular standards and criteria of the National Title Professional Program.  Neither the American Land Title Association, nor the designation itself, guarantees or warrants anything beyond a designee’s ability to meet such standards or criteria.  The American Land Title Association makes no representations, warranties, or guarantees as to, and has and assumes no responsibility for the proper performance of land title services, including but not limited to the transfer of real property, or related services provided by designees.

Attachments:

A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/6259612d-67ee-4cf4-a9a5-2bdcb0e3c78b

CONTACT: Wayne Stanley
American Land Title Association
7654327094
wayne@alta.org

Jeremy Yohe
American Land Title Association
202-296-3671
jyohe@alta.org