ALTA® Officials Meet With HUD On Proposed RESPA Rule

May 6, 2008

Members of the ALTA Board of Governors met with senior staff at HUD today to discuss the proposed RESPA rule and how it would affect the title and closing industry. Gary Kermott, First American Title Insurance Company; Mike Pryor, Lenders Title Company; Diane Evans, Land Title Guarantee Company; and Ted Rogers, Security Title Guarantee Corp. of Baltimore joined Kurt Pfotenhauer and Ed Miller at HUD. Gary Cunningham, Deputy Assistant Secretary for Housing; Ivy Jackson, Director-RESPA; Barton Shapiro, Deputy Director-RESPA; and others reviewed title industry concerns with the rule and how we can best help shape a rule that would be helpful to consumers and workable for industry.

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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.