The global financial collapse was 15 years ago.
Fannie Mae wants to launch a pilot program that would allow it to take over title insurance from the thousands of small businesses that now offer it.
Title insurance is an important, though tiny, slice of the expenses paid when someone buys a house.
Reducing closing costs for low and moderate-income families, on the other hand, is a good idea.
Charles Sauer is president of the Market Institute.
https://humanevents.com/2023/04/22/federal-housing-pilot-program-escalates-risk
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