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NYS Assembly weighs oversight of title industry

NYS Assembly weighs oversight of title industry

Members of the New York State Assembly are considering ways to regulate the title industry — but without the kind of strict rules imposed on insurers this month by the state. Assemblyman Kevin Cahill, chair of the Assembly’s standing committee on insurance, said the committee is weighing options for restricting title companies’ marketing expenses. But the approach would be more like “putting up guardrails,” rather than the blanket action taken by the Department of Financial […]


Source: realdeal

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