Reina Marszalek is a senior mortgage editor at Fox Money who has spent more than 10 years writing and editing content. Fox Money is a personal finance hub featuring content generated by Credible ...
The Consumer Financial Protection Bureau is considering a ban on mortgage banks charging homebuyers for the lender’s title insurance policy, according to a report by Bloomberg. Lender’s title policies ...
For many people, a home is the biggest thing they’ll ever buy. The last thing anyone wants is to encounter unexpected ownership issues after completing the purchase. This is where title insurance ...
News that the Consumer Financial Protection Bureau is considering making lenders pay for their portion of an origination's title insurance policy was met with skepticism from analysts and pushback ...
The title acceptance pilot waives the need for a lender's title insurance policy on some refinance mortgages. This could lower closing costs for eligible borrowers by anywhere from $300 to $1,500.
Representatives of the title insurance industry called the Biden administration’s pilot program waiving some land title requirements, “bad politics, bad process and bad policy.” Unveiled last Thursday ...
The reward for overcoming one obstacle is the opportunity to face another. Amid the wave of Uniform Commercial Code (UCC) foreclosures in commercial real estate, title companies have shown a tendency ...
Jay Beitel is a principal at Polunsky Beitel Green, a Texas-based mortgage law firm. Key differences, protections, and legal considerations for lenders under Texas law Lately, there's been a buzz ...
President Joe Biden’s new plan to lower housing costs includes a pilot program that waives the requirement for lender’s title insurance on certain refinance transactions, according to the White House.
If you want to make your home purchase just a little more affordable, focus on the transaction costs. You may not be able to do much about the home price because you and the seller must come to a ...
Title insurance offers protection from flaws in a property’s title, including liens, ownership disputes, falsified or forged documents and encroachments. There are two types of title insurance: a ...