In addition to helping first-time homebuyers become homeowners, PMI can be a vital resource for helping underserved communities affordably and sustainably access the mortgage market. Getty Images A ...
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.
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 ...
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 weighing whether to prohibit mortgage bankers from charging homebuyers for title insurance that protects lenders, which would end a long-standing industry ...
Q: We are buying our first home and are stretching our savings to pay for the down payment and closing costs, not to mention the moving expenses. Our lender sent us our closing cost estimate, which ...
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 ...
After decades of inertia, reform of home-sale commissions is happening, thanks to a landmark lawsuit. Could title insurance be next? Quite possibly: The Consumer Financial Protection Bureau this month ...
“Title” refers to the legal ownership of your new home. The seller should provide title, free and clear of all claims by others against your new home. Claims by others against your new home are ...
One of the perpetual questions in high-cost California is whether homeownership can be made more affordable and accessible. Reducing settlement costs is one way. More lenders are accepting or at least ...
Amy Fontinelle is a leading personal finance expert with nearly 15 years of experience. You can connect with Amy on Twitter (@AmyFontinelle) or learn more at her website, AmyFontinelle.com. Amy ...