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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.

Fannie Mae Releases 2009 Mission Performance Report

March 23, 2010

Fannie Mae released “Helping Housing Recover: A Report on Fannie Mae’s Mission Performance,” which describes the company’s efforts in 2009 to provide liquidity, stability and affordability to the nation’s housing finance system.

The report cites $823.6 billion in funding the company provided last year to help keep the single-family and multifamily mortgage markets operating. The report also notes that the company enabled 1.7 million low- and moderate-income families to obtain affordable housing in 2009, and helped more than 160,000 struggling borrowers with Fannie Mae-owned loans keep their homes through loan modification or other loan assistance.

"Fannie Mae has been asked to play a significant role and received significant government assistance to support borrowers and the country's housing finance system during these difficult economic times," said Michael J. Williams, president and CEO. "We take this duty very seriously, and this report chronicles our efforts to fulfill this critical mission. We will build on our work with our industry partners and the government to help struggling borrowers stay in their homes, provide additional financing for affordable housing and restore the health of America's housing market."

Through the company's funding efforts, Fannie Mae provided financing in 2009 that helped:

  • 2.5 million borrowers refinance into loans with lower payments, better terms or to meet other needs. Many borrowers were able to refinance despite having lost equity.
  • 600,000 borrowers buy homes during the tightest mortgage credit market in decades.
  • 372,000 rental units be purchased, refinanced or rehabilitated.

  • Click here to view the entire report.

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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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