This may have significant impact on the title insurance industry. Fannie and Freddie both require title insurance. If they go away, whatever takes their place may not. Hard to imaging that investors would not want their investment insured but it is impossible to predect what our fine legislator might come up with.
Senators propose overhaul of housing finance – KXNet – Bismarck/Minot/Williston/Dickinson.
Here is ALTA’s reaction: