Category Archives: Title Insurance New York

Artificial Intelligence, Blockchain And Technological Disruption Of The Land Survey Process

land survey and technological disruption

In a commercial or residential real estate transaction, a survey of the subject property is typically an integral part of the title insurance issuance process as demanded by a lender! And given the now oft-discussed new technologies such as blockchain, are those who toil in the land survey industry at-risk of being displaced by technological advancements? As […]

New York State Title Insurance Industry: Is It All About Luxury Box Suites, Steakhouse Dinners And Champagne-fueled Parties?

steakhouse photo

Headline  July 5, 2018: The New York State Title Insurance Industry Takes On Takes On The New York State Department Of Financial Services In An Article 78 Proceeding….And Wins! More than six months after NYSDFS Regulation 208 went into effect, it has been summarily annulled by the courts (an appeal of the decision by the NYSDFS is […]

Read The Courts Decision As The New York State Title Insurance Industry Wins Its Article 78 Proceeding Fight!

scale of justice photo

The New York State Title Insurance Industry Takes On The New York State Department Of Financial Services In An Article 78 Proceeding….And Wins! A year after the open letter below was written (yes, time does fly when you’re having fun) and more than six months after NYSDFS Regulation 208 went into effect, it has been […]

Are You A Real Estate Attorney In New York? Avoid This Argentinian Experience At All Costs!

Argentina 2018 World Cup

I refer of course to Argentina’s current journey in the 2018 World Cup, in which this perennial soccer giant sits on the ‘brink of elimination (Update June 27th: Argentina has made it through to the Round of 16)! Speaking to the strategy being employed by Argentina’s coach Jorge Sampaoli, an article in The New York Times had […]

What Impact Has GTO, FinCEN’s Anti-Money Laundering Geographic Targeting Orders, Had On The Luxury Residential Real Estate Market?

In 2016 the U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN) implemented its Geographic Targeting Orders, or GTO (January 2016 announcement here)! What was the purpose of this 2016 reporting rule that required title insurance companies in specific high-end residential real estate markets around the United States, to drill down and find who the […]

Here’s How The Belmont Stakes Winner And Your New York Title Insurance Company Are Similar!

Or, at the very least, how they should be similar! The Belmont Stakes Winner vs. Your Title Insurance Company How would you compare the title insurance company you use for New York real estate transactions to the difference between a Kentucky Derby winner only and a Triple Crown horse like Secretariat? This was an equine […]

What Do Clients Think About Hallmark Abstract Service – A Testimonial

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Why Do People Choose To Use Hallmark Abstract Service? As many of you know by now the focus of the articles at the Hallmark Abstract Service blog tend to be about issues that either affect the entire title insurance industry, topics that we feel may be of interest to our readers across industries, available events offering business […]

In New York State The Title Insurance Industry Is Public Enemy #1 Or, Words Matter!

fbi most wanted photo

Well maybe not #1, but some in Albany seem to feel that the title insurance industry in New York is solely comprised of the proverbial snake oil salesman who will do and say anything to get business! For the New York State Department of Financial Services, the operative word in the prior sentence is ‘do‘ […]

In Business Nothing Lasts Forever But Change, While Unsettling, Can Often Be A Good Thing!

Zorn

Opening the Business section of Long Island’s Newsday this morning imagine my shock to read the following headline: ‘REPLACING 1940 FOOD HOME‘ with a photo of Zorn’s Poultry Farm in the background! As someone who picks-up food from Zorn’s of Bethpage when I’m in the neighborhood, whenever we have guests at the house or for […]

New York State Title Insurance Industry: ‘I’m Mad As Hell And I’m Not Going To Take It Anymore’!

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Update January 16, 2018: ‘The New York State Senate unanimously passed a bill Tuesday that will allow title companies to resume buying clients coffee, taking them out for lunch or treating them to a round of golf. Sponsored by Sen. James Seward of Oneonta, the bill — which now heads to the Assembly and Gov. […]