News

OneTitle gets rate-reduction approval

As seen in The Title Report

The New York State Department of Financial Services has approved OneTitle National Guaranty’s request to reduce rates on real estate transactions of more than $15 million, including purchases, loans, and refinances. According to the company, the newly approved rates are 25 percent lower than the prevailing...

New York title insurance gets green light for 25% rate cut

By Kaitlyn Mitchell in Real Estate Finance & Investment

OneTitle, a New York-based title insurance company, has received approval from the state to reduce by 25% its rates for title insurance for transactions of more than $15m. Daniel Price, president, said there’s been little movement in title insurance rates since the firm was launched...

OneTitle slashes title insurance rates

By E.B. Solomont on TheRealDeal.com

NY underwriters historically set prices together In an industry dominated by large players, upstart title insurance company OneTitle received approval from state regulators to slash its rates, the company told The Real Deal.Underwriters in New York — whose prices are regulated by the state — typically...

NYC real estate’s “kickback economy”: Buyer (and seller and renter) beware

By Leigh Kamping-Carder for Brick Underground

You're all set to renovate your apartment. You've lined up a contractor and picked the fixtures you want. You've saved $100,000, which should even cover emergencies. But what you may not know is that hundreds or thousands of dollars of your budget may be going straight...

2016 Year in Review: Rebecca Mason, OneTitle National Guaranty Co.

By Kristine Wolf in the New York Real Estate Journal

Name & Title: Rebecca Mason, Executive Vice President, Head of Sales Company Name: OneTitle National Guaranty Company What was your most notable project, deal, transaction or professional achievement in 2016? Transitioning from the residential brokerage side of the business to the residential and commercial title insurance world, and joining a...

Will the Future of Real Estate Include eClosings?

by Rachel D. Jaffe for Law.com

THWOMP! The mortgage lender’s counsel drops a five-inch stack of paper in front of an unsuspecting homebuyer fidgeting nervously at a closing table. Two to three hours later, the shell-shocked borrower emerges after scrawling their signature over and over on page after page, their cramped,...