Fannie Mae Halts Pursuit of Reported Title Waiver Pilot
August 8, 2023
Since March, ALTA has raised concerns about a reported pilot program being considered by Fannie Mae that would waive title insurance requirements on certain loans it purchases. Last week, ALTA confirmed that Fannie Mae is no longer pursuing the title waiver pilot program it had under development. This pilot will not be submitted to the Federal Housing Finance Agency (FHFA) for review or consideration.
Contact ALTA at 202-296-3671 or [email protected].