Ted Tozer on the benefits of keeping a seller-paid model for real estate transactions
On today’s episode, Editor in Chief Sarah Wheeler talks with Ted Tozer, the former president of Ginnie Mae who is now a non-resident fellow at the Urban Institute, about the commission lawsuit settlement and his proposal to keep the seller-paid model, but with important changes around transparency.
The two discuss how this would affect first-time homebuyers and the regulatory risk facing agents and lenders as they navigate a new path.
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