News

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...

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...

A 96-Word Law Would Be a ‘License to Bribery’ for Insurers

The New York Times. Written by Jim Dwyer.

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...

Using technology to source deals

REFI Radio with Kaitlyn Mitchell.

Daniel Price, co-founder, president, and ceo of OneTitle National Guaranty Company, tapped into an unusual but effective way to source potential...