Rep. Barney Frank Introduces HR 5251, the Preservation of Federalism in Banking Act

October 19, 2004

With HR 5251, the Preservation of Federalism in Banking Act, Rep. Barney Frank seeks to clarify the applicability of State law to national banks It is intended to have state consumer laws of general applicability apply to national banks, and to have state laws apply to non-depository operating subsidiaries of national banks.


Contact ALTA at 202-296-3671 or communications@alta.org.

SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue. North American Title Insurance Company (NATIC) is a seasoned title insurance underwriter, helping title agents to achieve their individual business goals for more than 50 years. Today, the company conducts real estate settlement services in 39 states and the District of Columbia through a network of experienced, independent agents.