During a recent Q1 earnings call, a title insurance executive expressed concern over the possibility of turning government-sponsored enterprises (GSEs) into insurance companies. The executive emphasized that such a move would not be favorable for the mortgage industry as a whole.
Key points from the text include:
– Title insurance executive opposed turning GSEs into insurance companies
– Concern expressed during Q1 earnings call
– Emphasis on negative impact on mortgage industry
Overall, the sentiment expressed by the title insurance executive reflects a broader apprehension within the industry about potential changes to the role of GSEs. This perspective underscores the importance of maintaining the current structure and function of these entities in order to support stability and efficiency in the mortgage market.
You can read this full article at: https://www.housingwire.com/articles/title-insurance-executives-are-confident-the-biden-proposals-wont-come-to-much/(subscription required)
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