Because lenders require it and the cost is placed on the borrower.
Usually just a lender's title insurance policy on refinances and it's the lenders that require it as it's insurance for the lender to secure their financial interest. This is needed to cover for defects or issues with title that occur between the time frame of the two policy effective dates (between the original loan date to the refinance loan date). Usually there are reissue rates that provide discounts for refinances depending on states.
I have worked on the title insurance side with this program and it does help the consumer with costs from what it seems, though it seems that the risk is placed with Fannie Mae if issues occur instead of the underwriter. Note as well the loans that fit this program are low risk refinances.
@NewAgeRetroNerd Fairly easy and rewarding build. Sending you a great supplier. All you need is to solder a battery and 3d print a case (magnet too if you want it to attach to something). Have fun.
https://t.co/6rvmDO31mf
@_baldtires Just wow! Ejection direction issues is a great problem to have! Better than no ejection.
I wish I could curate my timeline so all I see is this, machine learning, and robotics content.
I thought I chose the easiest class as my last for my data science master's degree. But I have about 100+ articles and papers to read with no programming involved.
I don't know what a dotliquid is or what it is. It felt good to go through documentation just to troubleshoot a date formatting filter for a report.
Why do I learn such random things at my work?
@zhoro_x I have given up on trying to understand Yacine. All I know is he rolls 1s and 20s on most things he says. I'm not sure it's worth the effort to obtain those nuggets of gold.