ALTA position regarding revised RESPA regulations
Article Abstract:
The revised Real Estate Settlement Procedures Act of 1974 regulations need clarification since they seem to favor controlled business arrangements over free competition among settlement service providers, provide new opportunities for the payment of referral fees and promote packaged settlement services. The American Land Title Assn opposes controlled business arrangements and would like competition to be as free as possible. The regulations on 'core title agent services' must be clarified in accordance with actual industry practices put in place for the sake of management efficiency and regional differences.
Publication Name: Title News
Subject: Insurance
ISSN: 0040-8190
Year: 1993
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Bayard Waterbury - ALTA's recruiting champion
Article Abstract:
Bayard Waterbury has been given the award of 1992 Recruiter of the Year by the American Land Title Assn. He recruited three new memberships, more than any other person in 1992. He claims the association has helped his business to succeed. His company is Montgomery Abstracting Assoc in Maryland. It is the largest such company in the state, with a staff of 30 and five offices.
Publication Name: Title News
Subject: Insurance
ISSN: 0040-8190
Year: 1993
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