Republican members of the U.S. House of Representatives have voiced their concerns to the Federal Housing Finance Agency (FHFA) about a pilot program that will eliminate title insurance requirements ...
August 10, 2023 - Let's say that you represent a party in a real estate transaction, such as a real estate agent, lender or buyer. The title insurance company hands you a title insurance commitment ...
After considering a pilot program that would grant certain mortgage lenders a waiver on title insurance requirements for loans it purchased, Fannie Mae officially scrappedthe program in August. The ...
The housing finance giants Fannie Mae and Freddie Mac represent 70% of the mortgage market. Most observers of the U.S. housing finance system would agree that Fannie Mae and Freddie Mac serve a vital ...
Most home buyers view title insurance — an important backstop against surprise claims on your property — as just another box to check under closing costs. But as housing affordability remains an acute ...
Whether you purchase a house, condo or vacant land, transferring the title is essential to gain legal ownership of the property. However, there may be hidden issues or claims on the title that could ...
Recently, Fannie Mae announced its plans to develop a pilot program to bypass traditional title insurance. Since the announcement, there has been a lot of talk about attorney opinion letters (AOLs) ...
During the State of the Union, President Biden announced an array of proposals aimed at making homeownership more accessible for those who have struggled to enter the housing market. While the ...
During the State of the Union, President Joe Biden spoke eloquently and passionately about one of the Biden-Harris Administration’s key priorities: housing affordability. The President’s proposals ...
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