The Alta Settlement Statement is a new form that all home buyers and sellers go over at settlement. ALTA stands for the American Land Title Association. This form is federally regulated under the Truth-in-Lending Act (TILA) and Real Estate Settlement and Procedures Act (RESPA).
More detailed information can be found at: http://www.alta.org/trid/
Here is a copy of the ALTA we go over in Ep. 12:
