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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 Mails Out Seller Bulletin 2000-4 Announces Miscellaneous Changes

July 10, 2000

Freddie Mac mailed Bulletin 2000-4 on July 10 to announce:

  • Reducing the minimum servicing fee required for 3/1 and 5/1 adjustable-rate Mortgage (ARM) products and fixed-rate Mortgages
  • Reducing the maximum servicing fee allowed for 3/1, 5/1, 7/1 and 10/1 ARM products purchased under Original Cash
  • Changing our required remittance cycle to ARC (accelerated remittance cycle) for 3/1, 5/1, 7/1 and 10/1 ARM products purchased under Original Cash
  • Prohibiting the purchase and securitization of Mortgages originated with prepaid credit insurance
  • Accepting Fannie Mae's Multistate Mortgage Insurance Rider
  • Revising Uniform Instruments and Freddie Mac Notes and Riders to reflect the new effective date of January 1, 2001

Source: Freddie Mac

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American Land Title Association
1800 M Street, NW, Suite 300S
Washington, D.C. 20036-5828
P. 202.296.3671 F. 202.223.5843
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