Many new mortgage professionals and homebuyers often ask, "Is title insurance really necessary?" In fact, to many, title insurance is a vague and oft misunderstood concept essential to the real estate ...
If you’re buying a home, you need to know about title insurance. It’s one of the many closing costs you will likely encounter and pay for before you close on your new home. There are a couple of types ...
This biweekly feature is sponsored by Allied Title & Escrow. So you just got under contract on your first home and it’s time to choose a title company. One question we often get is ‘Do all title ...
Recently, Fannie Mae announced its plans to develop a pilot program to bypass traditional title insurance. Since the announcement, there has been a lot of talk about attorney opinion letters (AOLs) ...
Buying a home comes with a host of expenses at closing. One of the most costly and confusing, title insurance. It's lightly regulated in many states. An investigation by member station WBUR found that ...
For decades, America's economic rules have been rigged to the benefit of homeowners. There's the 30-year fixed-rate mortgage, which drives down monthly payments. There are four government-backed ...
The program’s rollout during a presidential transition has sparked backlash from the title industry and bipartisan members of Congress In the meantime, Fannie Mae has begun to implement the pilot. UWM ...
“When will AI disrupt the title insurance industry?” is a question I hear all the time. But let’s make one thing clear: Disruption doesn’t mean destruction. And it certainly doesn’t mean replacement.
Whether you purchase a house, condo or vacant land, transferring the title is essential to gain legal ownership of the property. However, there may be hidden issues or claims on the title that could ...
Title insurance is optional, but worth considering. It may help protect you from financial loss if issues arise with a property’s title. Many or all of the products on this page are from partners who ...