The new Gov’t Accounting Office Report on Title Ins.

New From the Government Accounting Office (GAO)
A brief recap by Jeanine Johnson

See GAO for full Report http://www.gao.gov/new.items/d07401.pdf
“TITLE INSURANCE Actions Needed to Improve Oversight of the Title Industry and Better Protect Consumers”

Overview
The U.S. title insurance market is highly concentrated at the insurer level, but market characteristics varied across states. In 2005, for example, [...]

MN AG’s Predatory Lending Report – A Request for Ethical Conduct.

Background:
Because prevailing mortgage rates have been low over the last several years, the desire for high interest rate mortgage securities is higher than ever. In the steady search for those higher yields, lenders are screaming for securities that contain high yields. This means the market is actively seeking subprime mortgages because they carry interest rates [...]