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Will An Attorney Opinion Letter Replace Title Insurance?
Manage episode 355589623 series 3351970
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In the wake of the FHFA announcement that attorney opinion letters will be accepted in place of title insurance, professionals are concerned about what this will mean for the mortgage industry. Diane Tomb, CEO of ALTA, joins Stavvy’s Finside Chats podcast to share her perspective on attorney opinion letters, the potential risks for lenders and consumers, and why title insurance is still the best option for homebuyers.
For quotes, links, and additional insights, head over to the Stavvy blog.
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