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SoftPro is the nation's leading provider of Real Estate Closing and Title Insurance software

North American Title Insurance Company is a seasoned title insurance underwriter that has been helping customers achieve the American dream of homeownership for more than 50 years. In the past several years, we have become known as the “underwriter next door,� because our associates are always easy to reach and our processes are, at all times, quick and straightforward. Our agency application process is fast and transparent for qualified agents. NATIC offers a one-hour underwriting response guarantee that is unparallelled in our industry. In addition, we value our agents based on their title industry knowledge and experience, not just on profits alone.

Freddie Mac's Multifamily Division offers 90-days Forbearance to Borrowers with Apartment Buildings Affected by Hurricane Katrina

September 15, 2005

In an effort to help Multifamily Sellers/ Servicers and borrowers work through the aftermath of Hurricane Katrina, Freddie Mac's Multifamily Division will offer a 90-day moratorium on payments of principal and interest to borrowers whose properties are located in areas designated by FEMA as major disaster areas qualifying for individual assistance. Borrowers will be able to defer 90 days of principal and interest on each affected loan, and all principal and interest that would otherwise have been collected during this time will be payable at maturity without the accrual of any additional interest. No default interest or late charges will be accrued with respect to payments that would otherwise have been due. Borrowers who have properties in areas designated by FEMA as federal disaster areas who have not already been contacted should contact their Freddie Mac Seller/Servicer.

Source: Freddie Mac

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