Resource links:

  • ALTA – Risks of Alternatives to Title Insurance
    ALTA continues to take the lead in engaging with state regulators, the Federal Housing Finance Agency (FHFA), Fannie Mae, Freddie Mac and lenders about the risks of a pilot program waiving title insurance requirements, as well as the hazards unregulated title insurance products including certain attorney opinion letters (AOLs) present to lenders and consumers
    Non-Title Recorded Agreements for Personal Services frequently asked questions…
  • ALTA – Fannie Mae Halts Pursuit of Reported Title Waiver Pilot
    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...

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