Nevada Title Company Receives First American Platinum Award
LAS VEGAS — Nevada Title Company has received the First American Platinum Award from First American Title Insurance.
This recognition is only one of two given to Nevada companies this year, signifying the solid working relationship Nevada Title Company has with First American Title Insurance. The Platinum Award is presented to top agents using criteria based on remittance levels, claims, lag time, reputation in the community and best practice compliant.
Earlier this year Nevada Title Company pursued its ALTA Best Practices certification as a response to the Consumer Financial Protection Bureau’s new lending rules which became effective January 2014. The American Land Title Association (ALTA) is the national trade association for the title insurance industry. Its title insurance and settlement company “Best Practices” are the title industry standard. Nevada Title’s adoption of the “Best Practices” for closing agents is voluntary, but it shows they’re in compliance and ready to work with lenders moving forward under the new mortgage lending rules.
Nevada Title Company was one of the first agencies to fully receive a certification. To obtain this certification, Nevada Title was required to successfully pass an audit review by McGladrey and Westcor Land Title Insurance Company.
“We’re proud to have our pillars of ALTA Best Practices in place and extremely proud to be certified. We’re on the forefront of the changing tides in our industry,” said Nevada Title Company President Jeffrey T. Harris. “We’re very thankful to First American Title Insurance for this award.”
About Nevada Title Company
Nevada Title Company has several locations in Southern Nevada providing title insurance, underwriting, escrow and closing services to residential, commercial and industrial clients through its nationwide network of affiliates since 1979. The company has become an innovative industry leader with local, national and international clients. Nevada Title Company is headquartered at 2500 N. Buffalo Drive, Suite 150, Las Vegas, Nevada 89128. For more information, contact (702) 251-5000 or visit www.nevadatitle.com.
MEDIA CONTACT: Laura Carroll, The Ferraro Group, 702-367-7771