ALTA Announces GridBase Partnership With ALTA Registry

WASHINGTON, Oct. 11 -- The American Land Title Association issued the following news release on Oct. 9, 2023:

The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced today that GridBase's Closing Agent Management, formerly known as Closepin, has partnered with the national ALTA Title & Settlement Agent Registry and are in development on bringing an integrated solution to market.

"We are excited to collaborate with GridBase to provide mortgage lenders with accurate and confirmed information about settlement services providers," said Diane Tomb, ALTA's CEO. "The ALTA Registry is a unique real estate utility created specifically for the mortgage industry and technology providers such as GridBase."

ALTA launched the ALTA Registry in 2017 as the first national database of title insurance agents and settlement companies. In addition to contact information and branch locations for agents and title companies, each ALTA Registry listing also includes a title agent or real estate attorney's unique seven-digit ALTA ID. Title agents who are members of the registry will now have their ALTA ID's available in GridBase's Closing Agent Management database, creating a smoother loan processing experience for their mortgage lender partners.

"GridBase's Closing Agent Management feature contains validated and accurate listing information as well as licensing, compliance, and insurance coverage documentation for over 14,000 title agents and 30,000 users," said Ryan Peterson, President of Grid151. "Integrating this database with the ALTA Registry brings two great tools together, and pushes that data directly to any lender's loan origination system through GridBase's integration hub. Doing so provides instant, accurate, validated data and information directly to mortgage lenders. This is an industry first and a huge win for collaboration between mortgage lenders and title agents."

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About ALTA

The American Land Title Association, founded in 1907, is a national trade association representing more than 6,000 title insurance companies, title and settlement agents, independent abstracters, title searchers and real estate attorneys. ALTA members conduct title searches, examinations, closings and issue title insurance that protects real property owners and mortgage lenders against losses from defects in titles.

About GridBase

GridBase, a Grid151 company, serves title agents and lenders and their technology providers. We connect the real estate ecosystem with fast and simple integrations and a suite of technology products for title agents and lenders including Fees, Order Management, Instant Title, Closing Agent Management, and eClosing. Learn more about GridBase(R) or Grid151, both members of the Ardan, Inc. community of companies.

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Original text here: https://www.alta.org/news-and-publications/press-release/ALTA-Announces-GridBase-Partnership-With-ALTA-Registry