Ianniello Anderson PC, a law firm that
has an office in Glens Falls, and its affiliate,
Northway Title Agency Inc., recently received
certifications for compliance with the
Best Practices Program of the American Land
Title Association’s (ALTA) Best Practices.
Ianniello Anderson PC and Northway Title
Agency, Inc. are among the first firms in the
nation and currently the first and only firm in
the state to receive the certifications for compliance,
according to the firm.
The Best Practices Program was implemented
by ALTA to provide mortgage lenders
with a uniform standard of high competency for
their closing attorneys in the areas of licensing,
protection of client funds and non-public private
information, compliance with federal and
state consumer finance laws, title insurance
policy production and delivery, maintenance of
proper professional liability and fidelity insurance
coverage and resolution of any consumer
complaints.
ALTA’s Best Practices certification is a voluntary
tool to help highlight the safeguards in
place to ensure that closing activities meet all
applicable laws and regulations.