For many people, a home is the biggest thing they’ll ever buy. The last thing anyone wants is to encounter unexpected ownership issues after completing the purchase. This is where title insurance ...
After decades of inertia, reform of home-sale commissions is happening, thanks to a landmark lawsuit. Could title insurance be next? Quite possibly: The Consumer Financial Protection Bureau this month ...
I have spent my legal career representing title-insurance companies and their insureds regarding various types of claims. Title insurance is like all other insurance: It’s a useless expense until you ...
Last month, the Biden Administration announced the revival of a previously abandoned pilot program that would waive the requirement for lender’s title insurance on certain home refinances – part of a ...
The title insurance industry is on track for steady expansion over the next decade, driven by surging real estate activity, advancing technology and tightening regulatory frameworks. According to ...
Q: We are buying our first home and are stretching our savings to pay for the down payment and closing costs, not to mention the moving expenses. Our lender sent us our closing cost estimate, which ...
In addition to helping first-time homebuyers become homeowners, PMI can be a vital resource for helping underserved communities affordably and sustainably access the mortgage market. Getty Images A ...
Expenses to fix title issues increase, but the cost of coverage is down since 2004. Originators know that consumers are often unaware of what goes on behind the curtain while their new home is under ...
If you want to make your home purchase just a little more affordable, focus on the transaction costs. You may not be able to do much about the home price because you and the seller must come to a ...