article thumbnail

Community building versus economic development

Rebuilding Place in Urban Space

," " Park View Residents Continue To Oppose Redevelopment at Bruce Monroe Park " Washington City Paper , also see " "Temporary" uses as a way to foil development: Bruce Monroe Elementary School site, DC | from school to park to housing "). Cities cost money to operate. Cities have to earn money to pay for all the things that people say they want.

article thumbnail

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. In both documents, see the section titled “Financing the Home Purchase.” Behind a paywall.)

Housing 59
article thumbnail

The White House’s Focus on Closing Costs: Long Overdue and Worth the Fight (Part 2)

The Stoop (NYU Furman Center)

As documented in the Government Accountability Office (GAO) study referenced in Part 1, homebuyers will almost always defer to a third party involved in the purchase transaction to select a title insurer. The FHFA, from its founding in 2008 to 2021, was an independent regulator.