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Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)

The Stoop (NYU Furman Center)

Insights from the NAR lawsuit and settlement In 2023, the NAR and certain large brokerages were sued in Missouri federal court via a private class-action lawsuit. In 2007, the Government Accountability Office (GAO), a non-partisan research arm of Congress, studied title insurance. The ten-year average from 2014 to 2023 was 6.4

Housing 59
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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

Conservatives were very vociferous in opposing the changes, most notably in two prominent Wall Street Journal editorials: “Upside Down Mortgage Policy” (April 22, 2023) and “Spinning Federal Mortgage Fees” (April 28, 2023). those with a principal amount over $726,200 in 2023 33 ).