Welcome!




Expand Your Education with These Courses from
Becoming a Successful Sales Professional: Skills for Sales Success: Part One.
Bundle 2: CIPS Elective Courses (US Version).
A Consumer Advocate Approach to Real Estate & Mortgages: Courses 1 & 2.
Effective Presentation Skills for Sales Professionals: Skills for Sales Success: Part Five.
Bundle 3: CIPS Institute (US Version).

Stewart Title Guaranty Co. Sponsors Study Assisting Native Americans to Improve Homeownership

Have a comment on this article? Share on Facebook!

RISMEDIA, August 30, 2007-Stewart Title Guaranty Co. is sponsoring the Tribal Land Title and Recordation Office Study, a research partnership between First Nations Development Institute (First Nations) and the National Congress of American Indians’ (NCAI) Policy Research Center to offer a set of options for Native nations seeking to improve homeownership rates.

The project has been made possible through a grant from NeighborWorks America. The study committee includes representatives from various Native American tribes, Fannie Mae, Wells Fargo Home Mortgage, Stewart Title Guaranty Co., a range of government agencies and other national organizations such as the National American Indian Housing Council.

“Stewart Title firmly believes increased prosperity and social stability are byproducts of homeownership,” said Michael B. Skalka, president, Stewart Title Guaranty Co. “With this sponsorship, we are pleased to assist in increasing the volume and depth of information considered in the course of this study.”

A primary recommendation of the May 2007 National Native American Economic Policy Summit called for burdens on development to be removed through reforms to the trust land system:

“Land is the primary asset in Indian country, but reservation economic development struggles under an antiquated and complex federal trust management system that moves slowly and uncertainly on land transactions and leasing. Indian tribes are committed to retaining the federal trust responsibility, but want to reform the system to increase tribal management authority and streamline processes that support economic transactions.”

“Research studies like this are critical to supporting Indian Country in shaping its own future,” said Joe Garcia, president of NCAI. “This partnership between two respected Native research centers will assist tribes in making informed policy decisions about the foundational issue of developing homeownership and economic development on Indian lands.”

Stewart Title senior underwriting counsel Edward D. Hellewell is participating on the study committee and initiated the request for Stewart to sign on as a sponsor.

“It is crucial for tribal economies and Native American home buyers that we learn how best to overcome impediments to mortgage-financed homeownership through reducing the time it takes to receive title information,” said Hellewell. “This study project will provide a range of options for tribes to provide better access to mortgage financing for their tribal members.”

For more information, visit http://www.stewart.com.

Want instant access to great articles like this for your blog or newsletter? Check out our 30-day FREE trial of REsource Licensed Real Estate Content Solutions. Need easy stay-in-touch e-Marketing solutions too? Try Pop-a-Note for 99 cents!
Join RISMedia on Twitter and Facebook to connect with us and share your thoughts on this and other topics.




Copyright© 2014 RISMedia, The Leader in Real Estate Information Systems and Real Estate News. All Rights Reserved. This material may not be republished without permission from RISMedia.

Content on this website is copyrighted and may not be redistributed without express written permission from RISMedia. Access to RISMedia archives and thousands of articles like this, as well as consumer real estate videos, are available through RISMedia's REsource Licensed Content Solutions. Offering the industry’s most comprehensive and affordable content packages. Click here to learn more! http://resource.rismedia.com