NY Senate budget offers title companies a lifeline

The New York State Senate threw title companies a rope in its proposed budget Wednesday. The Senate’s budget for fiscal 2018-19 contains language that would rollback a series of strict anti-marketing regulations enacted last month by the Department of Financial Services. The regulations — which aim to curb excessive spending in an industry known for wining and dining clients — bans title companies from marketing expenses like offering clients meals and entertainment. In a subsection of […]

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