ALTA President Highlights Industry Issues in Video to Members of Congress

May 7, 2013

A video of ALTA President Frank Pellegrini highlighting issues impacting the land title industry was sent to members of Congress and their staff prior to Wednesday’s meetings on Capitol Hill.

Meetings have been scheduled for more than 200 members of Congress and their staff on Wednesday. The video provides information about the important role the title insurance industry plays in the real estate and mortgage transaction.

In the video, Pellegrini outlines the three major issues Federal Conference attendees will discuss with members of Congress and their staff. The issues are:

  1. The impact the CFPB’s proposed rule could have on their business and how the proposed three-day rule could cause delays to closings that could harm consumers.
  2. How ALTA’s “Title Insurance & Settlement Company Best Practices” help us provide trust and confidence to our consumers and lenders.
  3. The need to preserve strong uniform standards for role of title insurance when Congress begins reforming mortgage giants Fannie Mae and Freddie Mac.


Contact ALTA at 202-296-3671 or communications@alta.org.

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. SoftPro is the nation's leading provider of closing and title software, consistently pushing the technological envelope to pioneer the most powerful and comprehensive closing and title automation software on the market. SoftPro's Award-Winning Software combines cutting-edge technology with outstanding support to make your business more productive, efficient and boost your revenue.