The American Land Title Association (ALTA) named Closinglock as an ALTA Elite Provider.
ALTA’s Elite Provider Program features service providers committed to furnishing extensive benefits to the title insurance and settlement services industry. Elite pProviders promote the highest industry standards and provide effective solutions for ALTA members’ needs.
“As an ALTA Elite Provider, Closinglock has shown its dedication to the title and settlement services industry,” Diane Tomb, ALTA’s CEO, said in a release. “It is more important than ever for ALTA to supply its members with innovative service providers that are actively engaged in creating state-of-the-art, customized solutions — and for those solutions to help protect industry professionals as well as consumers. The Elite Provider Program calls for our premiere providers to complete a comprehensive application process, which includes furnishing ALTA with member recommendations as well as financial statements. This extensive practice proves elite providers, like Closinglock, can add value for our members and make their businesses more profitable.”
Closinglock provides fraud prevention technology to the real estate industry, modernizing transactions through a secure platform.
With Closinglock, settlement companies can exchange wire instructions, receive Good Funds payments, validate payoff accounts, verify identities, share documents and collect eSignatures.