Register
Log In
Forget your Password?

Home
Directory
Bulletins
Forums
Blogs
Articles
Links
Classifieds
About Us
Contact Us
Advertise
FAQ
Privacy Policy


American Land Title Association Statement on Trump Administration's Plans for Housing Finance Reform
press release, American Land Title Association
   

The American Land Title Association (ALTA), the national trade association of the land title insurance industry, issued the following statement in response a proposal released by the U.S. Department of the Treasury to reform the housing finance system. The plan is in response to a presidential memorandum the Trump Administration issued in March 2019, directing the Treasury to develop a plan for administrative and legislative reform for the U.S. housing finance system.

“The American Land Title Association commends the U.S. Department of the Treasury and Secretary Steven T. Mnuchin for developing a plan for meaningful, comprehensive housing finance reform,” said Diane Tomb, ALTA’s chief executive officer. “We are encouraged to see that the plan acknowledges the need to have sound underwriting standards to prevent any future taxpayer bailout and minimize risks to financial stability.”

“Title insurance offers trust in the legal documents that transfers ownership. Without the documentation of the transfer of property, there would be no credit market. Our formal and reliable property records system is the bedrock of ownership in the United States and allows consumers to build wealth. Consumers and investors benefit from these strict underwriting requirements today, and Congress should make sure these underwriting standards stay strong.”

“We look forward to continuing to work with the Administration and Congress of achieving successful housing finance reform that provides affordable housing for people across America, recognizes the strength of our legal system and protects consumers’ property rights.”



to post a comment on this article: login - or - register



Directory

The Source of Title Business directory has 8956 listed companies.

Leave feedback on a company:
SOT ID #:  learn more...
DRN Title Search
Blogs

Read other users' blogs-- or start your own!

Most Recent Blog Posts:

Creative Ways Millennials and Gen Z Are Approaching Homeownership
Marissa Berends's Blog
2025/07/02
0 comments

How Another War in the Middle East Could Impact the Housing Market
Marissa Berends's Blog
2025/06/30
0 comments

The Aging of the American Homebuyer: A 40-Year Shift and Its Economic Impact
Marissa Berends's Blog
2025/06/20
0 comments

Forums

Source of Title's Forums are the place for title industry discussions.
Recent posts in the forums:



Classifieds

Buy, sell, or trade! Browse the ads or post your own!

© 2020, Source of Title.