Resources
NYS Insurance Department
25 Beaver Street
New York, NY 10004
Phone 212-480-6400
http://www.ins.state.ny.us
Additional phone numbers
http://www.ins.state.ny.us/hpoffnos_misc.htm#tollfree
State of New York Insurance Department
Response, May 12, 2009 (PDF)
New York Times Response, Nov. 13, 2006 (PDF)
Transcript of Nov. 3, 2006 Public Hearing on Title Insurance (PDF)
NYSLTA White Paper
Title Insurance, The Industry Prospective: A Submission to the
New York Insurance Department By the New York State Land Title
Association, Inc. 2006 (PDF)
NYS Insurance Department Opinions
NYS Banking Department
Superintendent of Banks
New York State Banking Department
One State Street
New York, NY 10004-1511
Phone: 1-877-BANK-NYS
http://www.banking.state.ny.us
August 18, 2009 – Insurance Department Response Letter (Regulations)
Insurance Department Regulations - DRAFT 05/26/09
July 31, 2009 – Attorney-Title Agent Reduced Legal Fee
July 9, 2008 — Statutory Prohibitions Against “Tying” Title Insurance to Mortgage Financing
Reports
April 2007 — United States Government Accountability Office (GAO)
Report to the Ranking Member, Committee on Financial Services,
House of Representatives
www.alta.org/images/PDF/gaoreport4-17.pdf
NYS Taxation & Finance
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NYS Taxation and Finance
http://www.nystax.gov -
Real Estate Transfer Tax & Mortgage Increase
(888) 698-2914 -
The link to NYS Tax and Finance Web site forms is:
http://www.tax.state.ny.us/forms/form_number_order_au_ct.htm
Form MT-15 shows mortgage tax rates.
Updated MT-15 Form -
Mortgage Tax Increase Chart
Recording Fee Increase Spreadsheet (PDF) -
Local Transfer Tax
http://www.titlelaw-newyork.com/transfer.htm -
Below are links to the N-Notice regarding the POAs
and each of the forms
http://www.tax.state.ny.us/pdf/notices/n09_17.pdf
http://www.tax.state.ny.us/pdf/current_forms/misc/poa1_ind.pdf
http://www.tax.state.ny.us/pdf/current_forms/misc/poa1.pdf
Title Closers Checklist (PDF)
ACRIS
• Help Telephone Number: (212) 487-6300
• Website: www.nyc.gov/finance
• Annette Hill – City Register/ Assistant Commissioner
• The four deputies
– Bronx: Mary Scheman (Schemanm@finance.nyc.gov)
– Brooklyn: Zena Spence (Spencez@finance.nyc.gov)
– Manhattan: Joanne Maya (MayaJ@finance.nyc.gov)
– Queens: Wanda Clemons (Clemonsw@finance.nyc.gov)
ACRIS Top 10 Most Common Reasons For Rejection
January — June of 2009
Signature is missing and/or required information missing.
The incorrect document type is cited on the Cover Page.
Name of the parties in the document; do not match the names on the cover page.
Cross reference is missing or incorrect.
Document is not acknowledged with the most current acceptable wording.
Block and lot shown on Cover Page do not match the document.
The document is missing an affidavit, exhibit or a schedule.
Notary invalid; unable to verify with New York State Department of Licensing.
Correct type of property/or the property clause not included in the document.
An exemption from the mortgage tax is claimed: An affidavit is not provided citing ALL original or simultaneous mortgage details, including the applicable section of law and original tax paid.
New FAQs on November 2008 RESPA rule:
