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SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

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.

New Mexico Bill to Study Government-Run Title Insurance Fails

March 25, 2009

A proposal to study Iowa's state-run title guaranty system in New Mexico was defeated last Saturday as a House Joint Memorial Resolution calling for the study failed to pass out of a New Mexico House committee. No state other than Iowa has implemented a state-run title guaranty system. In Iowa, it can take as long as 45-85 days to receive coverage, requiring mortgage borrowers to pay for longer rate locks, significantly increasing their borrowing costs by hundreds or thousands of dollars. In addition, cost savings promoted by advocates of these government-run funds hide the true costs of coverage which include a title abstract and attorney's opinion.

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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
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