ALTA Warns Limited Definition of ‘Qualified Residential Mortgage’ Would Hinder Market Recovery

January 13, 2011

he American Land Title Association joined 11 other trade associations in a joint letter warning several federal agencies that a narrow exemption from the Dodd-Frank Wall Street Reform and Consumer Protection Act of 20101 credit risk retention rules would hinder an already weak housing market and impede a national economic recovery.

Please Log In to View


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.