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An alternative to title insurance called an attorney-opinion letter might help buyers save money. Title insurance, which is required to close on most properties in the US, can cost hundreds or thousands of dollars. The savings from using attorney-opinion letters could help Americans facing high prices and high borrowing costs better afford homeownership. Some say title insurance is obsolete, since modern technology has improved access to public records essential for confirming a home's title or owner. "It's been clear for years that something is seriously wrong with title insurance," Schwartz wrote in 2022.
Persons: , Insider's Mattathias Schwartz, Fannie Mae, Schwartz, Homebuyers, Forbes Organizations: Service, Street, Mortgage, Iowa, The New York Times Locations: Philadelphia, Midwest
Supreme Court justices are under renewed scrutiny due to recently uncovered financial dealings. That's a question that the Romans asked over 2,000 years ago," Doron Kalir, a professor at Cleveland-Marshall College of Law and an expert in legal ethics, told Insider. But parties arguing before the Supreme Court cannot challenge justices for a lack of recusal like people can in lower courts. There is an official Code of Conduct for Federal Judges, but it applies to all federal judges except the Supreme Court justices, simply because that's what the Supreme Court decided, according to Kalir. "That's what the Supreme Court decided, and they're supreme," Kalir told Insider.
Antonin Scalia Law School at the Virginia-based George Mason University was renamed in 2016. The renaming was part of a plan to help its reputation by getting closer to the Supreme Court. Justices were given notable benefits to teach there, emails obtained by The New York Times reveal. This desire to keep Supreme Court leadership on their roster even superseded scandals the judges faced. The Antonin Scalia Law School and a spokesperson for the Supreme Court did not immediately respond to Insider's request for comment.
China's President Xi Jinping ordered closer economic ties with Russia, the WSH reported. It comes as the West seeks to economically isolate Russia over the Ukraine invasion. China has positioned itself as Russia's key international ally, with Moscow and Beijing announcing "no limits" to their cooperation just before Russia launched its invasion of Ukraine in February. In a visit to China by German Chancellor Olaf Scholz in November, Xi criticised Putin's nuclear rhetoric, and called on Germany to help mediate a peace deal between Russia and Ukraine. But despite the public statements, Xi in private has continued strengthen China's ties with Russia, the Journal said, and sees it as a partner for the long term.
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