White House Touts Title Insurance Waiver Program as Promise of Savings But Program Doesn’t Help First-Time Homebuyers or Low-Income Households

Washington, DC, March 8, 2024 — Last night, during the State of the Union address, President Biden announced that the administration was moving forward with a previously rejected pilot program that would waive the requirement for lender’s title insurance on certain refinances. This misguided effort should only be seen as a purely political gesture that offers [...]

By |2024-05-06T21:40:35+00:00May 6th, 2024|ALTA|0 Comments

ALTA Says White House Attack on Title Insurance Offers False Promise of Savings

Washington, DC, March 7, 2024 — The announcement made today by the Biden Administration approving a pilot program to waive the requirement for lender’s title insurance on certain refinances in an effort to reduce closing costs for homeowners is a purely political gesture offering a false promise of savings for homeowners while exposing consumers, lenders, and [...]

By |2024-05-06T21:39:31+00:00May 6th, 2024|ALTA|0 Comments
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