Tag Archives: New York mortgage refinance

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, […]