Once an insurance company declares a vehicle a total loss, it doesn’t necessarily have to go to a scrapyard. Instead, the car insurance company can consider offering it a salvage title vs. rebuilt ...
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 ...
Expenses to fix title issues increase, but the cost of coverage is down since 2004. Originators know that consumers are often unaware of what goes on behind the curtain while their new home is under ...
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 ...
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) ...
When it comes to real estate, almost every purchaser acquires an owner's title insurance policy. But what about tenants? Not every tenant opts for a leasehold title insurance policy, and deciding ...
In the last couple of years Fannie Mae FNMA and its government overseer, the Federal Housing Finance Agency have taken aim at the title insurance industry – an often overlooked but important part of ...
Last month, the Biden Administration announced the revival of a previously abandoned pilot program that would waive the requirement for lender’s title insurance on certain home refinances – part of a ...
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 ...