This bill does nothing to provide a home buyer in a town like Roswell NM that only has 2 title companies with any protection. There is no real competition and all brokers already have a relationship with the title officers and always bring their business to them. The buyer pays for the title insurance and in my last transaction that amount was $1319.00. That was the second time in NM that I paid that disproportionate amount for title insurance, this time to build a new place. If 80% was commission, that was $1055.20 to someone I never even saw or talked to. The remainder of $263.80 for the actual insurance policy is reasonable compared to other liability insurance policy. My problem with this bill is that it does not address the real problem: profiteering.