In a ‘What’s happening in Albany’ story, rent regulation laws and the 421-a tax abatement program are, incredibly, being held hostage by politics! In other words at the New York State level we are witnessing a carbon copy of Washington politics, a place where the battling between Democrats and Republicans is done at the expense of ordinary citizens who […]
On April 29th, 2015, Governor Andrew Cuomo of New York issued a press release announcing his plan to impose new regulations on the title insurance industry designed to reduce title insurance premiums as much as 60%! The full text of the Governor’s press release is presented below with links following to articles that provide the […]
An Industry’s Response To The Press Release Issued By New York State Governor Andrew Cuomo! Immediately following the release of New York State Governor Andrew Cuomo’s press release concerning proposed new regulations for the title insurance industry, the two trade associations representing industry participants issued the following statements. From the New York State Land Title […]
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 […]
