Governor rejects efforts to reform title insurance - SantaFeNewMexican.com

Link: Governor rejects efforts to reform title insurance - SantaFeNewMexican.com.

Gov. Bill Richardson has turned down requests from state regulators, the attorney general and others to have the Legislature consider reforms of the title insurance industry, which contributed to Richardson's presidential campaign.

Advocates say legislation is needed to bring price competition to the title insurance system, which could lower closing costs for home buyers.

Richardson will not put title insurance on the agenda of the 30-day session, but the industry's political contributions played no role in the governor's decision, according to a Richardson spokesman, Allan Oliver.

Comments

[ched macquigg]

My apology for the back door email
"still truckin'"
ched

http://ched-macquigg.blogspot.com/2008/01/we-need-do-not-re-elect-list.html

[ched macquigg]

My apology for the back door email
"still truckin'"
ched

http://ched-macquigg.blogspot.com/2008/01/we-need-do-not-re-elect-list.html