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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.

Financial Services Committee Holds Hearing on the Administration’s Progress in Preventing Mortgage Foreclosures

November 2, 2007

Washington, DC—Rep. Barney Frank, Chairman of the House Financial Services Committee, conducted a hearing to examine recent progress in coordinating lenders, mortgage servicers, and nonprofit organizations to prevent mortgage foreclosures, encourage modifications of troubled loans, and assist at-risk homeowners. One focus of the hearing will be the “HOPE NOW” initiative; an alliance consisting of lenders, servicers, and community-based counselors whose formation was announced by the Departments of Treasury and Housing and Urban Development on October 10, 2007.

“I welcome the Administration’s initiative, and I think it is important that we now get a chance to review the progress and see if there are ways that we can help with it,” said Chairman Frank.

Witness List & Prepared Testimony:

Panel One

Panel Two

  • The Honorable Tom Miller, Attorney General, State of Iowa 
  • Mr. Kenneth Wade, Chief Executive Officer, NeighborWorks America
  • Mr. Bruce Marks, Chief Executive Officer, Neighborhood Assistance Corporation of America 
  • Mr. Bill Longbrake, Anthony T. Cluff Senior Policy Advisor, The Financial Services Roundtable 
  • Mr. Sandor Samuels, Executive Managing Director, Countrywide Financial Corporation

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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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