Central Market for Real Estate Closings and Loans
Thursday, March 12th, 2009 by Al Lewis (alewis)Unlike the real estate brokerage cartel, the real estate mortgage lending/refinancing business is reasonably competitive and there is no obvious market failure.
However, we cannot underestimate the importance to the economy of reducing transactions costs for residential real estate. (In case you have missed our other postings on this topic, perhaps because you’ve been living in Biosphere [...]