Title Industry Consumer Initiative
On September 18, 2007 ALTA launched "The Title Industry Consumer Initiative," which details the association's five-point strategy for improving industry oversight and educating and protecting consumers. The initiative was developed in response to the recommendations by the Government Accountability Office (GAO) in a report it issued in April 2007. The Title Industry Consumer Initiative includes a consumer education program, the adoption of "Principles of Fair Conduct," plans for member education on regulatory compliance and ethical standards, and a plan for working more closely with state and federal regulators to ensure that the title industry is meeting the needs of consumers.
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