ALTA® Amendments Adopted in House

April 10, 2002

Several amendments sought by ALTA were adopted in the Interest on Business Checking Legislation that passed the House on Tuesday, April 9, 2002. The legislation would allow banks to pay interest on business checking legislation. The amendments offered by ALTA are intended to preserve the current treatment of real estate transaction escrow accounts. For more details, contact

Contact ALTA at 202-296-3671 or

SoftPro, based in Raleigh, NC, offers a mature suite of products, designed specifically for the closing and title industry. Our mission is to serve our client base, with best-in-class products and services. Our products are modular so we don't force you to buy anything you don't need. You can always add on as your business grows. Unlike other software companies, we view the sale as the beginning of the relationship rather than the end. 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.