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Fannie Mae’s New Title Pilot Program: What You Need to Know
Fannie Mae has launched a new Title Pilot Program aimed at saving homeowners money on refinances. Expected to run through May 2026, this program replaces traditional title insurance with an automated title review for eligible borrowers, potentially saving up to $1,692 per refinance.
According to the FHFA, this initiative could also reduce title insurance prices by 10% and increase competition in the industry. While only about 10% of borrowers may qualify, it’s a step toward addressing the high costs tied to housing.
