OCC Undermines OFHEO's Appraisal Agreement with NY AG

May 28, 2008

The Office of the Comptroller of the Currency (OCC) sent a letter to the Office of Federal Housing Enterprise and Oversight on Monday to warn Director James Lockhart about the negative consequences that could erupt if OFHEO should go through with implementing its new Home Valuation Code of Conduct.

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.