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North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.


Justice Department Drops Investigation of Fannie Mae

August 24, 2006

WASHINGTON, DC -- Fannie Mae (FNM/NYSE) announced that it has been advised by the United States Attorney's Office for the District of Columbia, which has been investigating Fannie Mae's accounting policies and practices, that it is discontinuing its investigation and does not plan to file charges against the company. Fannie Mae was initially notified in October, 2004 of the U.S. Attorney's investigation of the company.

The company announced in May that it had agreed to comprehensive settlements resolving matters with the Office of Federal Housing Enterprise Oversight (OFHEO) and the U.S. Securities and Exchange Commission (SEC).

In its latest 12b-25 filing, the company stated that it would complete its ongoing restatement by the end of 2006.

"We will continue to work closely and cooperatively with our regulators as we move forward to carry out the terms of our agreements, complete our restatement and build a better company," said Daniel H. Mudd, President and Chief Executive officer.



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How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
www.alta.org
service@alta.org
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