ALTA Best Practices
Keep the records a Best Practices review asks for
Lenders and underwriters expect title and settlement companies to follow the American Land Title Association’s Best Practices. Closing Desk doesn’t make you compliant on its own, but it keeps day-to-day evidence for several areas in one place, as your team works.
Wire verification you can show
Every callback to confirm wire instructions is logged with who called, the number used and whether it was found independently. The log never stores account or routing numbers, and entries can’t be edited afterward.
Recording and final policies on time
After closing, each file tracks recording and final policy delivery against your own follow-up targets, and flags anything late before a lender or underwriter asks.
Premium remittance
Name the underwriter on a file and Closing Desk tracks when the premium is due and whether it was remitted, with a list of anything outstanding.
Settlement deadlines
Closing Disclosure timing and the right of rescission are worked out for every file in Regulation Z business days, so a file doesn’t close or fund early by mistake.
Access controls
Two-factor sign-in (which owners can require for everyone), owner, admin and member roles, and a history of every change to a file. See the security page for details.
A report for your review
Owners and admins can print an ALTA Best Practices report for any period: two-factor status for each person, wire callbacks, recording and policy timeliness, and premiums still to remit.
ALTA Best Practices 5.0 took effect October 8, 2026 (what changed). Always check your program against the current framework and your underwriter’s requirements; written policies, escrow reconciliation, licensing and insurance are outside what Closing Desk tracks.