Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)
The Stoop (NYU Furman Center)
APRIL 29, 2024
The lawsuit alleged that the defendants engaged in practices to restrict price competition in single-family brokerage commissions, in particular for homebuyers. Of note, during the height of the bubble (2005 and 2006), the average downpayment by an FTHB actually decreased to just two percent. Fannie Mae, Freddie Mac, etc.)
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