Tag Archives: title insurance premiums

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

paint brush photo

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. […]

Title Insurance And Havoc In The New York Real Estate Market?

madison square garden photo

December 19, 2017: After Regulation 208 Went Into Effect On December 18th, The Following Day NYSDFS Issued A Stay Expiring February 2, 2018 That Will Allow One Specific Activity Eradicated By The Regulation To Continue… Candidly, of all the new directives in Regulation 208 that will impact title companies, a stay on this specific one is […]

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

title insurance ripoffs

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 […]

Do You Have A Comment Concerning The CFPB’s Proposed TRID Amendments?

If so, the time remaining to offer your opinion is running short! On July 26th the Consumer Financial Protection Bureau or CFPB released proposed amendments to the TILA-RESPA Integrated Disclosures aka TRID! For anyone who may want to comment the deadline to do so is October 18, 2016. An article from ALTA explains the amendments and provides […]

TITLE INSURANCE PREMIUMS AND THE ‘OTHER’ FEES

sample title insurance bill,New York,Long Island

For anyone who has been involved in a real estate transaction as the buyer, buyers attorney or mortgage provider you know that title insurance is a key component in the process! As such the title insurance provider that you choose is critically important for a variety of reasons, not the least of which is clearing […]

Title Insurance And Governor Cuomo’s Proposed Regulatory Changes: Our Thoughts!

GOVERNOR CUOMO ANNOUNCES NEW REGULATIONS TO CRACK DOWN ON KICKBACKS AND IMPROPER EXPENSES IN THE TITLE INSURANCE INDUSTRY A sensational headline to describe a plan put forth by New York State Governor Andrew Cuomo to reduce the cost of title insurance that’s paid for by consumers! Title insurance, for those who may be unfamiliar, ensures […]