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White Paper Provides Insight Into Attorney Opinion Letters
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The Mortgage Bankers Association recently released a white paper titled “Making the Old New Again: The Resurgence of Attorney Opinion Letters as an Alternative to Title Insurance.” The paper, authored by Blank Rome, provides a look at the landscape of attorney opinion letters and how they may differ from traditional title insurance.
Click here to learn more. (MBA members only)
MBA commissioned Blank Rome to write this paper as a resource for our lender members at the direction of our Residential Board of Governors to better understand these new alternatives and their possible benefits and risks. The conclusions expressed in this paper are the expert opinion of the team at Blank Rome. To date there is no MBA “position” on alternatives to traditional title insurance and our release of this paper is not an MBA endorsement of its conclusions.