Habif, Arogeti & Wynne, LLP Introduces ComplianceSuccess Program to Enable Title Agents and Settlement Firms to Become Compliant with ALTA Best Practices

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ComplianceSuccess Program is fastest and most affordable path to compliance

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Habif, Arogeti & Wynne, LLP, (HA&W) the largest Georgia-headquartered tax, accounting and business advisory firm, introduced today its ComplianceSuccess Program. Through ComplianceSuccess, HA&W is the only CPA firm in the nation to perform ALTA Best Practices compliance benchmarking, readiness and assurance reporting services.

Under a 2012 bulletin from the Consumer Financial Protection Bureau (CFPB), mortgage lenders are required to have an effective process in place for managing the risks of their third-party service provider relationships, including settlement attorneys and title agents. Because of these changes, settlement attorneys and title agents need to provide their mortgage lenders with assurance that they are in compliance with federal consumer financial laws.

To assist settlement firms and title agents with compliance, the American Land Title Association (ALTA) issued its Best Practices Framework as a guide. HA&W’s ComplianceSuccess Program takes the ALTA Best Practices Framework and provides comprehensive benchmarking and reporting services across all seven ALTA Best Practices pillars.

The ComplianceSuccess Program provides independent, third-party assurance using CPA professional standards on attestation reporting, trusted by banking and financial institutions. To ensure their benchmarking, readiness and reporting services are in lock step with industry standards, HA&W is involved at the highest levels of ALTA, American Institute of Certified Public Accountants (AICPA) and the Mortgage Bankers Association.

“In our ongoing efforts to remain ahead of the compliance curve, we selected HA&W’s ComplianceSuccess Program based on the important value of CPA compliance confirmation,” said John G. Aldridge, Jr., managing partner of Aldridge Connors, LLP. “HA&W offered the partnership we were looking for and the ComplianceSuccess Program provided an easy path to third-party compliance confirmation at the best price point.”

HA&W’s ComplianceSuccess Program offers a comprehensive range of services that include: a Compliance Benchmark that assesses the current level of compliance against ALTA Best Practices in as little as 10 days; a gap analysis and remediation plan; compliance testing and reporting using the ALTA Best Practices Framework as a benchmark, as well as on-going monitoring services. ComplianceSuccess offers two levels of reporting: a review that provides a base level of assurance on compliance reporting for mortgage lenders, and an examination that provides the highest level of assurance for compliance reporting available to CPA’s based on attestation standards.

“We launched ComplianceSuccess Program to provide the title agent industry with a fast and affordable path to comply with ALTA Best Practices,” said Kim McConkey, Partner-in-Charge of HA&W’s ComplianceSuccess Program. “We offer assurance that is trusted by the mortgage banking industry, so that title agents will not only retain their current mortgage lender relationships, but grow their businesses, and increase market share.”

For more information about HA&W’s ComplianceSuccess Program, contact Kim McConkey, Partner-in-Charge of HA&W’s Compliance Success Program at kim(dot)mcconkey(at)hawcpa(dot)com or 404-898-8237.

About Habif, Arogeti & Wynne, LLP:
Habif, Arogeti & Wynne, LLP (HA&W) is the only CPA firm in the nation to provide ALTA Best Practices compliance benchmarking, readiness and certification reporting through its ComplianceSuccess Program. HA&W's ComplianceSuccess Program provides independent third-party assurance using CPA professional standards on attestation reporting, trusted by banking and financial institutions. Our fast track approach will assess your current level of compliance and provide you with a remediation plan in 10 days or less. Our process delivers the best price point to achieve compliance, offering complete compliance benchmarking and reporting across all seven ALTA Best Practice pillars. To ensure our ComplianceSuccess Program is in lock step with industry standards and requirements, we are actively involved at the highest level with ALTA, AICPA and the Mortgage Bankers Association.

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Kayla Payne
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