ALTA Urges Support to Stop Eminent Domain Scheme

May 6, 2014

ALTA joined 13 other groups in a letter urging members of the Senate Committee on Banking to support an amendment to the Housing Finance Reform and Taxpayer Protection Act (S. 1217), which would eliminate a threat posed by a new eminent domain scheme that could devastate investor confidence in the mortgage market.

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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.