New York Homeowner Title Insurance Class Action Lawsuit Investigation
Investigating a class action lawsuit on behalf of New York homeowners who purchase title insurance. It is widely known that title insurance companies offer lavish events and experiences to attract real estate developers and mortgage companies to sell their product. The cost of those events is ultimately passed through and paid by the homeowner as evidenced by the fact that title insurance rates are hundreds and sometimes thousands of dollars higher in New York than New Jersey, Connecticut, or Massachusetts. New laws are supposed to go into effect to monitor this activity on February 1, 2018, but it is unclear if they will because lobbyists and insurance companies are urging politicians to reconsider. If you are a homeowner in New York and believe your title insurance rate was not fair and reasonable and could have been influenced by these business practices, please contact us.
Investigating a class action lawsuit on behalf of New York homeowners who purchase title insurance. It is widely known that title insurance companies offer lavish events and experiences to attract real estate developers and mortgage companies to sell their product. The cost of those events is ultimately passed through and paid by the homeowner as evidenced by the fact that title insurance rates are hundreds and sometimes thousands of dollars higher in New York than New Jersey, Connecticut, or Massachusetts. New laws are supposed to go into effect to monitor this activity on February 1, 2018, but it is unclear if they will because lobbyists and insurance companies are urging politicians to reconsider. If you are a homeowner in New York and believe your title insurance rate was not fair and reasonable and could have been influenced by these business practices, please contact us.
