President-elect Donald Trump. Photo: Diego M. Radzinschi/ALM
When he takes office in 2025, President-elect Donald Trump will likely abandon the Biden Administration’s proposed plan to scrap title insurance requirements for lenders on certain loans.
In March 2024, the White House announced that the Federal Housing Finance Agency had approved policies and pilots to reduce closing costs for homeowners, including a pilot to waive the requirement for lender’s title insurance on certain refinances.
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Joe Toppe
Joe Toppe serves as managing editor of PropertyCasualty360.com. Joe is also a father of three, an author, and longtime lover of baseball.
