Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)
The Stoop (NYU Furman Center)
APRIL 29, 2024
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. Post-2008, with all the reforms enacted via the Dodd-Frank Act (e.g., Fannie Mae, Freddie Mac, etc.)
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