Mobile Insurance Headlines

Consumers Pay Too Much at the Closing Table: Yet Another Study Supporting Change in the Title Industry

posted 2212 weeks ago on myClosingSPACE.com Title Insurance Blog

A recent study, conducted by Dr. Susan Woodward, once again showed that consumers spend too much on closing costs. This study, titled A Study of Closing Costs for FHA Mortgages, analyzed 7,500 FHA mortgages that originated in May and June of 2001. Borrowers with similar or identical credit scores, loan terms, and mortgage amounts paid disparate amounts at the closing table. Even though there were
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