[Congressional Record (Bound Edition), Volume 149 (2003), Part 17]
[Extensions of Remarks]
[Pages 24145-24146]
[From the U.S. Government Publishing Office, www.gpo.gov]




  IN HONOR OF STANLEY FRIEDLANDER, RESIDENT OF THE 11TH CONGRESSIONAL 
 DISTRICT OF OHIO AND PRESIDENT OF THE AMERICAN LAND TITLE ASSOCIATION

                                 ______
                                 

                       HON. STEPHANIE TUBBS JONES

                                of ohio

                    in the house of representatives

                       Thursday, October 2, 2003

  Mrs. JONES of Ohio. Mr. Speaker, I rise today to honor a fellow 
Ohioan whose career and service deserves recognition. Stanley 
Friedlander is the outgoing president of the American Land Title 
Association (ALTA). The American Land Title Association is composed of 
2,400 title insurance companies, their agents, independent abstracters 
and attorneys who search, examine, and insure land titles to protect 
owners and mortgage lenders against losses from defects in titles. Many 
of these companies also provide additional real estate information 
services, such as tax search, flood certification, tax filing, and 
credit reporting services. These firms and individuals employ nearly 
100,000 individuals and operate in every county in the country.
  Stanley's entrepreneurial spirit is inspiring. While attending Kent 
State University, Stanley started his first job in the title insurance 
industry and within a year had launched his own title agency. 
Currently, Mr. Friedlander is the president of Continental Title Agents 
Corporation, which he co-founded 30 years ago, based in Cleveland, OH. 
Stanley's four-decade career has been committed to helping the American 
dream of homeownership come true. It is no surprise that Stanley became 
president of the American Land Title Association.
  As a title agent, Stanley insures that a property bought by a 
consumer comes with all ownership rights or a ``clean title.'' When 
purchasing a home or other real estate, one actually does not receive 
the land, but rather a title to the property, which may be limited by 
rights and claims asserted by others. Problems with title can limit 
one's use and enjoyment of real estate, as well as bring financial loss 
to both the individual purchaser and the mortgage lender.
  Protection is available through title insurance. Title insurance, 
unlike other types of insurance, offers protection against loss arising 
from hazards and defects already existing in the title. The common 
types of problems include: deeds, will and trusts that contain improper 
vesting and incorrect names, outstanding mortgages, judgments and tax 
liens, easements or incorrect notary acknowledgments. Specifically, a 
previously undisclosed heir may make a claim against a property or a 
forged deed was used in the transfer of title

[[Page 24146]]

making it invalid. Title insurance offers financial protection against 
these and other hazards through negotiations by the title insurer with 
third parties, payment for defending against an attack on title as 
insured, and payment of claims.
  As President of ALTA, Stanley is committed to guiding his industry 
through a time of potential challenges and recently testified before 
the House Financial Subcommittee on Housing and Community Opportunity.
  Mr. Friedlander is also a leader in his community. He has served on 
the Moreland Hills Community Council and is currently involved as a 
member of the community's Planning Commission and the Cuyahoga County 
Bar Association's Grievance Committee. He is also involved in 
Cleveland's Hebrew Free Loan Association whose mission is to provide 
interest free loans to those in need. Stanley has been active in the 
Ohio Land Title Association (OLTA), where he chaired the Education 
Committee, served on the Board of Governors, and as OLTA president.
  Mr. Friedlander is married to Cheryl Karner, a common pleas court 
judge. Together they have two children, Jennifer and Joey both in their 
early twenties.
  I am pleased to submit this statement for the Congressional Record. I 
congratulate Mr. Friedlander on his service to ALTA during the past 
year and wish him continued success.

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