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

The Stoop (NYU Furman Center)

In 2007, the Government Accountability Office (GAO), a non-partisan research arm of Congress, studied title insurance. The 2007 GAO report indicates this has been the historic practice in the title insurance business. The ten-year average from 2014 to 2023 was 6.4 A non-paywalled summary can be found at: [link].

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)

This was described on the one hand as unfair, since it relied on overcharging low-risk borrowers “who had played by all the rules” and, on the other hand, as unduly incenting bad loans at the GSEs (by charging too little for high-risk loans) in a quasi-replay of the lead up to the mortgage bubble of 2005 to 2008.

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Disasters: Knowledge and Information in the New Age of Anomie

Disaster Planning and Emergency Management

The change is achieved through apomediation (bypassing information gatekeepers), and control now rests in the information itself, and how it is served up to its consumers (Alexander 2014). Since the late 20th century, the concept of anomie has been reinterpreted (Allan 2005, pp. Register 2007. Alexander, D.E. Gordon 2018.