Last night, U.S. Rep. Ed Perlmutter (CO-07) was awarded the "Protecting the American Dream" award from the American Land Title Association (ALTA) for his work promoting homeownership, protecting property rights and understanding the value of title insurance. Additionally, Sen. Mary Landrieu (D-LA) was honored with the award.
Perlmutter said, "I'm honored to receive the "Protecting the American Dream Award' from the American Land Title Association. I am grateful to the Association and its members for this prestigious honor. I remain committed and focused on ensuring federal programs provide opportunities to those hard working American's who wish to attain homeownership. Due in large part to a strong housing industry, our overall economy continues to improve and it is important we maintain that positive momentum."
"We are pleased to honor Senator Landrieu and Representative Perlmutter for their efforts to protect consumers as they pursue the "American dream' of homeownership," said Frank Pellegrini, president of ALTA. "Their leadership in Washington combined with their understanding of the important services title insurance professionals provide during the home buying process make Senator Landrieu and Representative Perlmutter extremely deserving of this award."
Perlmutter led efforts to stabilize the housing market and protect homebuyers from the irresponsible lending practices and mortgage fraud that led to the financial crisis. Rep. Perlmutter is a member of the Financial Services Committee, and the Capital Markets and Government Sponsored Enterprises (GSE) and the International Monetary Policy and Trade subcommittees.