Author: OneTitle

Fintech Eyes Opportunity in $15 Billion Title-Insurance Business

Bloomberg. Written by Katherine Chiglinsky and Julie Verhage

Tech-focused startups are knocking on the door of a $15 billion industry that’s dominated by just four companies: Title insurance. A California regulator announced Tuesday that, for the first time, it gave approval to a tech-focused startup title insurer to operate in the biggest U.S. state...

Editorial: Blame Albany for gouging homebuyers

The Buffalo News. News Editorial Board.

It’s one of those stories that is easy to pass over: the costs of title insurance in New York. But it described a practice that costs New York homebuyers hundreds of dollars in extra closing costs and, in some cases, thousands of dollars. Albany allows it...

OneTitle CEO Warns Regulatory Change ‘Leaves No Flexibility’

Law360. Written by Andrew McIntyre.

A new regulation that bans New York title insurance companies from offering inducements to potential clients will fundamentally change the landscape for an industry long accustomed to the practice, OneTitle National Guaranty Co. Inc. CEO Daniel Price told Law360 in a recent interview. The change, known...

Important Information about Regulation 208

Alan M. Doran, OneTitle General Counsel

The major legal changes last week prompted many questions from clients. We want you to have the facts you need to protect yourself and avoid the misinformation. The major points: Regulation 208 is fully in effect. No legislation passed that changes the regulation in any way. ...

Debate Over Title Insurance Regulations Intensifies

Bloomberg Real Estate Report Podcast.

Daniel Price, founder and CEO at OneTitle, tells Bloomberg Radio’s Denise Pellegrini that new N.Y. regulations on title insurers present an opportunity for startups and consumers. However, not everyone is happy about the new rules. Bloomberg Podcast...

Legislature Moving to Gut Curbs on Title Insurance Costs

Habitat Magazine.

For the time being, New York homebuyers’ closing costs will not include the cost of Madison Square Garden tickets, trips to strip clubs, or even the price of a humble cup of coffee. New regulations to curtail fees charged by title insurers have gone into effect...