The American Land Title Association (ALTA) published ALTA Best Practices Framework ver. 4.0 with an effective date of May 23, 2023. Title companies can begin implementing the new Framework whenever they are ready, but note that any assessments performed...
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1/25/23 1:54 PM
January 2023 State Regulatory Compliance Updates
Posted by
SoftPro on 1/25/23 1:54 PM
Filers in Georgia are urged to adopt the requirements of HB 974, plus the North Carolina Land Title Association has provided a new form to work in conjunction with the VCAP system upgrade.
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1/24/23 10:52 AM
Make the Switch to Title Software You Can Trust
Posted by
SoftPro on 1/24/23 10:52 AM
Are you facing increased costs or think you're being charged more than you should be for your title production software? You shouldn't be surprised by hidden fees, sudden unreasonable increases, or changes to the pricing structure of your title and...
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1/13/23 1:54 PM
Decertification of ALTA Policy Forms and Technical Corrections
Posted by
SoftPro on 1/13/23 1:54 PM
The American Land Title Association (ALTA) has announced that, in line with prior guidance, certain 2006 series ALTA policy forms have been decertified as of December 31, 2022. ALTA decertification establishes that ALTA no longer officially supports the...
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11/1/22 4:34 PM
FinCEN Renews and Expands Geographic Targeting Orders
Posted by
SoftPro on 11/1/22 4:34 PM
The Financial Crimes Enforcement Network (FinCEN) has renewed and expanded its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential...
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10/19/22 10:48 AM
IRS Releases Publication 1220 for the 2022 Tax Year
Posted by
SoftPro on 10/19/22 10:48 AM
On October 4, 2022, the IRS released Publication 1220 for the 2022 tax year. While you should be sure to review the full Publication to ensure you are in compliance, we've also put together a high-level summary of the changes:
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10/18/22 2:07 PM
October 2022 State Regulatory Compliance Updates
Posted by
SoftPro on 10/18/22 2:07 PM
Multiple states have postponed the adoption of the 2021 ALTA forms, plus check out two new recording fees in Philadelphia and a revised due date for Agent Statistical Data in Texas.
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10/11/22 10:49 AM
Free Q4 Economic Forecast Webinar from SoftPro & October Research!
Posted by
SoftPro on 10/11/22 10:49 AM
SoftPro and October Research have teamed up to produce an Economic Forecast webinar series. The 2022 Q4 webinar features Selma Hepp, interim lead chief economist at CoreLogic.
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8/25/22 5:40 PM
Pennsylvania Rating Bureau Extends Effective Date for 2021 ALTA Forms
Posted by
SoftPro on 8/25/22 5:40 PM
The Title Insurance Rating Bureau of Pennsylvania (TIRBOP) has obtained approval from the Pennsylvania Insurance Department (PID) to amend the Effective Date of the revised 2021 ALTA forms and Rate Manual.
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8/3/22 10:52 AM
Free Q3 Economic Forecast Webinar from SoftPro & October Research!
Posted by
SoftPro on 8/3/22 10:52 AM
SoftPro and October Research have teamed up to produce an Economic Forecast webinar series. The 2022 Q3 webinar features Nikolas Scoolis, Manager of Housing Economics at Zonda.
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