Category Archives: settlement services

A Look Back At The Year That Was In Title

The following article, prepared by A.M. Best, gives an assessment of the state of the Title Insurance industry in 2009. The general view is that headwinds will exist in 2010, but that the pricing environment may improve, and the payout to agents may decline. “While the title industry’s premium volume and profitability deteriorated significantly in […]

Does Title Need A Public Option?

The following is a letter regarding proposed legislation to bring a “public option” to title insurance, similar to that proposed in healthcare. If you do not agree with it, let your representatives know. November 30, 2009 Dear members, As you may know, Assemblyman Richard Brodsky (D-Westchester), has introduced legislation to create a “public option” for […]

Buyer Friendly Changes Are Coming

January 1, 2010 Changes Go Into Effect To Protect The Buyer At Closing The buyer in a real estate transaction has often felt like a puppet on a string at the closing table, when unforeseen charges come up that were no where to be found on the good faith estimate. To protect the consumer from […]