OS National Announces 3rd Party ALTA Best Practice Certification - Insurance News | InsuranceNewsNet

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March 7, 2017 Newswires
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OS National Announces 3rd Party ALTA Best Practice Certification

PR Newswire

DULUTH, Ga., March 7, 2017 /PRNewswire/ -- OS National LLC, national title provider, announces successful attainment of the American Land Title Association (ALTA) Title Insurance and Settlement Company Best Practices third party certification by Frazier & Deeter CPAs & Advisors, one of the nation's largest CPA firms and ALTA Elite Provider.

"We are ecstatic to receive our third-party certification that our business practices and the services we offer our valued customers meet the ALTA Best Practices," said Jamie Wunder, Managing Partner of OS National. "This third-party validation is further assurance to our customers that we are their trusted title and settlement provider and uphold our business to the highest standards set."

Frazier & Deeter performed assessment procedures related to the following ALTA Best Practices:

  1. Licensing
  2. Escrow Accounting Procedures
  3. Privacy and Information Security
  4. Settlement Procedures
  5. Title Policy Production & Delivery
  6. Professional Liability Insurance Coverage
  7. Consumer Complaints

The scope of Frazier & Deeter's engagement was performed in accordance with attestation standards established by the American Institute of Certified Public Accountants in relation to the Procedures.

"In our reports dated February 28, 2017, we stated that, in our opinion, the Company's title insurance and settlement practices, as of May 31, 2016, comply, in all material aspects, with the ALTA Best Practices based on the ALTA criteria," said Tracey Webb, principal at Frazier & Deeter, LLC.

"Our ALTA Best Practices certification is another way how OS National is redefining title solutions," said Charles Chacko, Managing Partner of OS National. "We want to uphold our company and employees to the highest standards in the industry."

For more information on Frazier & Deeter's ALTA Best Practices Compliance, visit http://www.frazierdeeter.com/en/Services/ALTA-Best-Practices-Compliance.aspx.

With offices in Atlanta, Houston, Dallas (Arlington and Plano), Phoenix and Las Vegas, OSN is rapidly expanding their national operations with local offices to better serve the niche real estate needs of local communities. For more information on OS National, visit https://www.osnational.com.  

About OS National LLC
OS National LLC (OSN) is redefining title solutions as a nationally recognized provider of residential and commercial title and settlement services. OSN provides services to national lenders and banking institutions, REITs, private equity firms, mortgage servicers and institutional investors to facilitate real estate transactions and title insurance-related services.

OS National provides services in certain jurisdictions in partnership with its wholly owned subsidiaries and/or its related entities, OSN Texas LLC and OSN Escrow LLC (known together as "OSN"). OSN is a licensed agent for most of the country's major national title underwriters, with work ranging from single property transactions to multi-million dollar, multi-site transactions. For more information, visit https://www.osnational.com.

From:
OS National LLC
2170 Satellite Blvd., Suite 200
Duluth, GA 30097
(770) 497-9100
http://www.osnational.com 

Contact:
Jamie Wunder, Managing Partner
[email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/os-national-announces-3rd-party-alta-best-practice-certification-300419040.html

SOURCE OS National LLC

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