The state Department of Financial Services is predicting that adopting new regulations could significantly reduce the cost of title insurance closing costs for new home buyers and for homeowners who are refinancing.
May 01, 2015 at 05:00 AM
1 minute read
The state Department of Financial Services is predicting that adopting new regulations could significantly reduce the cost of title insurance closing costs for new home buyers and for homeowners who are refinancing.
The rules would prohibit title companies from passing along some costs that the Department of Financial Services said are not legitimately related to the writing of title insurance onto customers.
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