Category Archives: Title Insurance New York

Buying Real Estate In New York State? Does The Title Insurance Underwriter Being Used Actually Matter?

Summary: ‘In the New York State title insurance marketplace there are many underwriter options for a policy but, at the end of the day, it is the financial strength of an underwriter and the title insurance expertise of the company preparing the policy that should be the primary consideration for any consumer!’ Imagine for a second […]

In California A Fully Cryptocurrency-based Real Estate Transaction Has Closed And Been Recorded On Blockchain! Is New York Real Estate Next?

blockchain and title insurance

Are Real Estate Transactions Based In Cryptocurrency And Recorded On Blockchain, The Wave Of The Future In New York State And Elsewhere Around The United States? Dateline California, July 23, 2018: Propy Announces the First California Property Sale on the Blockchain Leading Blockchain-powered Real Estate Platform Completes Historic Property Deal in California, in Cryptocurrency  PALO […]

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 […]

New York State Real Estate Attorney’s And Mortgage Originators…Do You Have A VIABLE Title Insurance Plan B?

Argentina 2018 World Cup

During the 2018 World Cub the perennial soccer giant Argentina sat on the ‘brink of elimination, desperately needing both a Plan A AND a Plan B! Speaking to the strategy being employed by Argentina’s coach Jorge Sampaoli, an article in The New York Times had the following to say, ‘…There was no plan B, to be used […]

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

home protection photo

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‘ […]