Category Archives: Title Insurance New York

The Ostrich Effect And The New York State Title Insurance Industry

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What do some title insurance companies and title closers in New York State have in common with the ostrich? It’s the unwillingness to get bad news, understand and digest its impact and then to do what’s necessary to work within the parameters of those new rules. On December 18, 2017, New York State Department of Financial Services […]

For Commercial And Residential Real Estate Attorney’s In New York State, December 18 New Rules Concerning Title Closer Compensation Go Into Effect!

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Beginning December 18, 2017, New York State Department of Financial Services Regulation 208 will prohibit the tipping of title insurance closers by anyone! Some reading this might say, ‘No big deal’ because real estate deals will still come and go. But, in essence, it is potentially a very big deal because GOOD title insurance closers, […]

What New York Title Insurance Companies Can and Cannot Do With Clients And Prospects Beginning December 18th

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New York State Title Insurance Industry – Beginning December 18, 2017, ‘The Times They Are A-Changin” For some attorney’s, developers and mortgage providers in New York who may have gotten used to watching games from Madison Square Garden’s Celebrity Row after having dinner at American Cut courtesy of their title insurance provider, those times appear to […]

Guest Article: Title insurance — A must-buy in real estate transactions

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The following article was written by Marc Brown, a New York State attorney who does not practice in the area of transactional real estate. That said, he very much understands and articulates the incredible importance of purchasing an owners title insurance policy! Title insurance — A must-buy in real estate transactions by Marc Brown I […]

Albany Contends That New York Title Insurance Providers Are ‘Unscrupulous’ (No Moral Principles)

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New York State DFS Is Implementing Major Changes That Will Impact The Title Insurance Industry In New York, In A Big Way! Regulation 206 (now in effect) and Regulation 208, soon to take effect, were said to be written in order to protect the residential real estate buying consumer in New York State! But protect […]

Are You An Activist Focused On The Real Estate Industry In New York? Specifically, Nassau County…

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If not, should you be? The term activist when describing an individual, or activism when describing a group of activists focused on a specific issue, conjures up a variety of mental images! And of course the intensity and ferocity of the images will typically vary depending on the scope of the issue and the emotions […]

Equifax Redux As Additional NPI Leaks Are Discovered!

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In the midst of national weather disasters tragically now coupled with the mass murder in Las Vegas, the Equifax data breach story has been placed on the back-burner! But, is that where it belongs? Applying For A Mortgage, Some Other Type of Credit Or Maybe Something As Basic As Searching For A Job? For the tens of millions […]

“Option A is not available. so let’s just kick the s**t out of Option B.” Sheryl Sandberg

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Imagine you’re a football coach and the game plan you drew-up is failing miserably or, at a minimum, just not getting the job done (think New York Jets and Giants)… Or maybe you’re the CEO of a business and, what you thought would be a phenomenal strategic plan, has for any number of reasons just not panned […]

In New York, Why Should You Care About Title Insurance?

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Truth be told if you’re renting a single-family home, an apartment and/or an office for your business in a building owned by someone else, you have little reason to be concerned about the title insurance that covers them! That is of course unless at some point there’s a claim that calls the ownership of that […]

Title Insurance: Do You Know What You’re Paying For?

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Can a homebuyer or mortgage refinancer actually pay too much buying title insurance? Isn’t title insurance all the same no matter who’s providing it? Won’t my attorney/mortgage banker be looking out for my best interests? The answers to those questions are a qualified yes, no and hopefully so! With the Spring buying season now upon us and […]