Tuesday, January 30, 2018

About New York: A 96-Word Law Would Be a 'License to Bribery' for Insurers

Pretty much everyone who buys a home in New York is braced for sticker shock, but hardly anyone is ready for the pain of little cuts called "closing costs." One of the deepest of these is title insurance, which guarantees that a property can change hands without anyone else having a valid claim against it.
https://www.nytimes.com/2018/01/30/nyregion/new-york-state-law-would-be-license-to-bribery-title-insurance.html?partner=rss&emc=rss

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