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Legalize This
Nobody likes to hear the “F-word,” but today it’s inevitable. More than one million homes are in foreclosure. New studies suggest consumer confusion is to blame. The Urban Institute found that after purchasing a home, many American consumers overpay—by thousands of dollars—in total closing costs. In addition, disparities exist among total loan fees and title fees. Essentially, Americans are signing piles of documents they can’t comprehend, and are literally paying the price.
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