Impact of Government Shutdown on ALTA Members

October 1, 2013

Spending authority for most of the government expired at midnight Sept. 30 after Congress failed to approve a Continuing Resolution to provide funds for most government operations. Until legislation providing for funding is signed into law, there will be some impact on federal housing and mortgage programs that will impact business of ALTA members. During the shutdown, FHA will endorse new loans in the Single Family Mortgage Loan Program, but will not make new commitments in the Multi-family Program during the shutdown. Read on for details on other federal agencies and programs.

Please Log In to View

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.