ALTA Comments on Congressional Proposals to Eliminate GSEs

March 31, 2011

While ALTA believes reform of Fannie Mae and Freddie Mac is needed, several legislative proposals by members of Congress to essentially eliminate the Government Sponsored Entities fail to recognize the GSE’s important role in providing fair market competition and rational underwriting standards.

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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 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.