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Closing Cost Reform: Long Overdue and Worth the Fight (Part 1)

The Stoop (NYU Furman Center)

Insights from the NAR lawsuit and settlement In 2023, the NAR and certain large brokerages were sued in Missouri federal court via a private class-action lawsuit. In 2007, the Government Accountability Office (GAO), a non-partisan research arm of Congress, studied title insurance. The ten-year average from 2014 to 2023 was 6.4

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The White House’s Focus on Closing Costs: Long Overdue and Worth the Fight (Part 2)

The Stoop (NYU Furman Center)

In Part 1 of this series, it was estimated that total closing costs for both buyer and seller accounted for at least 7 to 11 percent of the purchase price of a typical home, surpassing the average 6 to 7 percent down payment made by first-time homebuyers (FTHBs). The FHFA, from its founding in 2008 to 2021, was an independent regulator.

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Learning what not to do from the New England Patriots football team

Rebuilding Place in Urban Space

From " Design Thinking ," American Libraries, 2008 I used action planning concepts when I did a pedestrian and bicycle plan for Baltimore County (" Best practice bicycle planning for suburban settings using the "action planning" method ," 2010). I think every discussion I had with Bill, he understood value.”

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Government Mortgage Interest Rates: A Serious Discussion about the Intertwined Topics of Risk Adjustment and Cross-subsidies

The Stoop (NYU Furman Center)

Conservatives were very vociferous in opposing the changes, most notably in two prominent Wall Street Journal editorials: “Upside Down Mortgage Policy” (April 22, 2023) and “Spinning Federal Mortgage Fees” (April 28, 2023). those with a principal amount over $726,200 in 2023 33 ).