Title insurance alternatives like attorney opinion letters are a hot topic in the industry. But the products are nothing new; they’ve been around for decades. Attorney opinion letters received renewed interest last year when Fannie Mae joined Freddie Mac in allowing such letters in lieu of a title insurance policy for certain transactions.
For "Investigating Title Insurance Alternatives," we interviewed several experts for an objective look at title insurance alternatives, including their history, how they are being used today, and what questions they have raised.
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