ALTA Applauds FHFA Final Rule Limiting Harmful Private Transfer Fees

March 15, 2012

ALTA's advocacy efforts to prohibit the use of predatory private transfer fees received a significant victory today as the FHFA issued a final rule limiting Fannie Mae, Freddie Mac and the Federal Home Loan Banks from investing in mortgages encumbered by certain types of private transfer fee covenants.

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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.