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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.


OFHEO Selects Accounting Firm To Assist With Fannie Mae Special Examination

February 11, 2004

The Office of Federal Housing Enterprise Oversight ( OFHEO) has awarded a contract to Deloitte & Touche LLP to supplement OFHEO's efforts in conducting a special examination of accounting policies and practices at Fannie Mae. The contract, for up to $5.7 million dollars, is funded by resources provided to OFHEO in fiscal 2004. Deloitte & Touche was selected from five vendors who submitted competitive bids in response to OFHEO's Request for Proposal (RFP).

The review follows a special examination of accounting and management practices at Freddie Mac. In the Fannie Mae review, OFHEO will examine, among other things, accounting policies and internal controls at the Enterprise , with emphasis on identification of any control weaknesses or unusual transactions. The contract is effective immediately and the examination is expected to take up to a year.

Source: OFHEO



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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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