The American Title Insurance Industry: How a Cartel Fleeces the American Consumer Contributor(s): Eaton, Joseph W. (Author), Eaton, David (Author) |
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ISBN: 0814722407 ISBN-13: 9780814722404 Publisher: New York University Press OUR PRICE: $54.45 Product Type: Hardcover - Other Formats Published: August 2007 Annotation: "In this important and fascinating book, the authors expose a scam that has fleeced Americans of billions of their hard-earned dollars since World War II. The title insurance industry, they show, has captured its regulators, and imposed exceedingly high costs on American homebuyers by means of a cartel-like arrangement. If that arrangement can be broken, price gouging would end and all American homeowners would enjoy what Canadians and Iowans do-reasonably priced peace of mind." -- Robert E. Wright, Stern School of Business, New York University |
Additional Information |
BISAC Categories: - Business & Economics | Insurance - Property - Business & Economics | Insurance - Casualty |
Dewey: 368.880 |
LCCN: 2007014383 |
Physical Information: 1.2" H x 6.4" W x 9.1" (1.40 lbs) 287 pages |
Descriptions, Reviews, Etc. |
Publisher Description: After World War II, banks and other mortgage lenders began requiring insurance to protect them against flawed or defective real estate titles. Over the past sixty years, the title insurance industry has grown steadily in size, power, and secrecy: policies are available for both lenders and property owners and many title insurers offer an array of other real estate services, such as escrow and appraisal. Yet details about the industry's operational procedures remain closely guarded from public exposure. |
Contributor Bio(s): Eaton, David: - David J. Eaton is Bess Harris Jones Centennial Professor of Natural Resources Policy Studies at the University of Texas at Austin. Eaton, Joseph W.: -Joseph W. Eaton is Professor Emeritus of Economic and Social Development Studies at the University of Pittsburgh. |