Opinion: Fannie Mae’s title insurance pilot program overreaches
Housing Wire
MARCH 28, 2024
By removing the requirement for title insurance on these transactions, this program would introduce significant risk into the market and turn Fannie Mae into a primary market insurer, expanding authority beyond its mission and charter. In 2022, the industry paid more than $596.1 million in claims. We can’t allow this pattern to repeat itself.
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