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The 63 Million Dollar Commerce Department Oops

In September 2010, the Minnesota Department of Commerce (“DOC”), after consulting with representatives from the title insurance industry and HUD, issued a press release (see FAQ number 1) to the entire real estate industry instructing them to start disclosing seller paid closing fees as buyer’s fees.

The Minnesota 45 Million Dollar Price Fixing Scheme - Professional Version

For Media and Real Estate Professionals - the details (ROUGH DRAFT)

What's It All About?

Great Response to RESPRO Article

Great article by the Ohio Independent Land Title Association on the comment letter submitted by RESPRO. In CAARE's eyes, RESPRO is an anti-consumer organization dedicated to proliferating controlled business arrangements which cause consumers to be stripped of unbiased decision making in the determination as to the quality of their transaction and it causes consumers to overpay for those stripped down services.

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