Treasury Secretary Snow to Testify on Regulation of Government Sponsored Enterprises - Fannie Mae, Freddie Mac

July 11, 2003

House Financial Services Committee Chairman Michael G. Oxley (OH) announced today that Treasury Secretary John W. Snow will testify on the regulatory structure of the housing government sponsored enterprises.

The full committee hearing will begin at 10 a.m. on July 25 in room 2128 of the Rayburn Building.

The Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises has aslo scheduled a hearing on H.R. 2575, the Secondary Mortgage Market Enterprises Regulatory Improvement Act for July 16.

Source: House Financial Services Committee


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

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. SoftPro is the nation's leading provider of real estate closing and title insurance software. With more than 14,000 customer sites and over 60,000 users nationwide, this award-winning software offers a suite of products designed to increase your volume and revenue by reducing the time it takes to do closings. SoftPro has been recognized by the American Business Awards every year since 2007 - winning awards for Superior Customer Service, Support and Product Development.