REFinBlog

Editor: David Reiss
Cornell Law School

June 20, 2017

Increasing Price Competition for Title Insurers

By David Reiss

The New York State Department of Financial Services issued proposed rules for title insurance last month and requested comments. I submitted the following: I write and teach about real estate and am the Academic Director of the Center for Urban … Continue reading

May 18, 2017

Secrets of The Title Insurance Industry

By David Reiss

The New York State Department of Financial Services has proposed two new regulations for the title insurance industry. Premiums for title insurance in New York State are set by regulators, so title insurance companies cannot compete on price. Instead, they … Continue reading

January 22, 2016

Tough Edge for Financial Services

By David Reiss

              Law360 quoted me in Cuomo’s DFS Nominee Likely To Keep Tough Edge (behind a paywall). It reads, in part, Although New York Gov. Andrew Cuomo turned to a longtime BigLaw attorney to lead … Continue reading

June 1, 2015

Reiss on Lawsky Legacy

By David Reiss

Law360 quoted me in Lawsky’s Aggressive Tactics Provided Model For Regulators (behind a paywall). It reads, in part, New York Superintendent of Financial Services Benjamin Lawsky’s frequent, aggressive and often creative enforcement actions generated billions of dollars for the state and … Continue reading

May 1, 2015

En-Titled Insurance

By David Reiss

Benjamin M. Lawsky, the New York State Superintendent of Financial Services, has promulgated a proposed regulation regarding title insurance that is sure to shake up the title industry and, more importantly, reduce closing costs for NY homeowners. The proposed regulation … Continue reading

December 23, 2014

Reiss on Ocwen Settlement

By David Reiss

Law360 quoted me in New York’s Ocwen Deal Sets Tough Precedent For Regulators (behind a paywall). It reads in part, New York regulators ordered Ocwen Financial Corp. to pay $150 million in hard cash and barred the company from claiming … Continue reading

November 19, 2014

Reiss on Lawsky’s Departure from DFS

By David Reiss

Bloomberg interviewed me for Lawsky Leaving After $3 Billion in Fines Makes a Mark. The article reads in part, When Ocwen Financial Corp. (OCN) shares soared on the news that regulator Benjamin Lawsky, who’s probing the company, will step down, … Continue reading