Fidelity Urges FHFA to Help Keep Recording Jurisdictions Open

March 26, 2020

Fidelity National Financial has requested assistance from the director of the Federal Housing Finance Agency (FHFA) to help keep recording jurisdictions open during the COVID-19 pandemic.

In a letter to FHFA Director Mark Calabria, Fidelity asked for help educating government officials about the vital role recording jurisdictions and registrars play in the American economy by timely recording real estate transactional and other documents in the public records.

Because of their role, Fidelity said it is critical these government offices be exempt from state and local orders requiring businesses to close due to the health crisis.

Fidelity also asked the FHFA to encourage financial institutions require that all electronic closings and remote online notarizations follow standards set by Mortgage Industry Standards Maintenance Organization (MISMO).

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