American Land Title Association
Home  >  News Room
News Room

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.

Fannie Mae Announces Property Insurance Changes

June 2, 2006

   Related Information
Guide Announcement 06-05

Summary: According to this Guide Announcement, Fannie Mae will:

  • accept hazard deductibles up to five percent;
  • accept flood insurance deductibles up to the National Flood Insurance Program (NFIP) policy maximum(s);
  • update flood insurance coverage requirements applicable to one-family to four-family properties; and
  • accept private flood insurance for mortgages secured by properties located within the Coastal Barrier Resources System.

Source: Fannie Mae

Print Friendly

How To Find Us:
American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
Copyright © 2004-2015 American Land Title Association. All rights reserved.
SecurityMetrics for PCI Compliance, QSA, IDS, Penetration Testing, Forensics, and Vulnerability Assessment