Insignia-BNT National Title Agency is a boutique full service title company headquartered in Midtown Manhattan. Insignia-BNT’s staff is comprised of a dedicated and motivated team, with extensive; finance, real estate, legal and management consulting experience.  Insignia-BNT prides itself on exceeding the industry standard when it comes to customer service. While we provide a diverse range of title services our chief expertise is in commercial title insurance.

What sets Insignia-BNT apart from the other title agencies is the consistent communication between Insignia-BNT and its clients.  We offer the most comprehensive title insurance professional services from acquisitions, to mezzanine financing to air and development rights and more.  Insignia-BNT focuses on ensuring a seamless closing for multi-faceted and multi-state transactions.  We work closely with our underwriters at First American Title Insurance Company, Fidelity National Title Agency, Old Republic, Westcor Land Title Insurance Company and Security Title of Baltimore, to help resolve any issue that may arise during the closing process.

Whether our client is a first time home buyer or an experienced investor; we treat each and every transaction with the due diligence it deserves.  Our Chief Underwriting Counsel and Clearance department work hand in hand with all parties of the deal ensuring a smooth and timely closing.  We have the experience and the know-how to handle the most complicated transactions.  Our team is always available to discuss any issues prior to ordering title, as well as during the transaction and post closing.  The retention of our clients demonstrates over and over again that we are dedicated to our philosophy of providing the highest level of customer service possible.

List of services: Commercial & Residential Title Insurance, Real Property & Cooperative Lien Searches, 1031 Exchange Intermediary Services, Due Diligence

 

Looking Out for “Dirty Money”

March 14, 2016 3:15 pm

While there is a lot of government intrusion in our lives since the terrorist attacks of 9/11 spawned the reactionary USA PATRIOT Act, the recently-implemented reporting requirements imposed on title companies relating to certain real estate sales in Manhattan and Miami can be traced back to the passage of Currency and Foreign Transactions Reporting Act of 1970, commonly called the “Bank Secrecy Act” (31 U.S.C. 5311-5330 with other sections scattered through parts of the U.S. Code.

The agency involved with the new, temporary, reporting requirements, is called the “Financial Crimes Enforcement Network” – FinCEN, for short. FinCEN was created by 31 U.S.C. 310, as enacted by Pub. L. 107–56, title III, §361(a)(2), Oct. 26, 2001, 115 Stat. 329; amended Pub. L. 108–458, title VI, §§6101, 6203(a), Dec. 17, 2004, 118 Stat. 3744, 3746; Pub. L. 111–195, title I, §109(c), July 1, 2010, 124 Stat. 1338) – and based on the timing, it’s fairly clear that this particular watchdog agency was created by Congress during the panic that occurred in the wake of the 9/11 attacks.

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ILSA: Playing it again in a different key

November 4, 2010 2:48 pm

Laws that are enacted as a reaction to one problem can sometimes find new life in a very different context. As we shall see in this report, lawyers for condominium sponsors and purchasers can draw some interesting lessons from a spate of recent cases emanating from the Southern District of New York.

Back in the 1960’s, Congress created the Interstate Land Sales Full Disclosure Act (15 U.S.C. §§ 1701 et seq.), (commonly acronymed as “ILSA” or the less-pronounceable “ILSFDA”) as a response to the unscrupulous practices of land speculators who were subdividing and selling undevelopable desert and swamp lots in faraway places like Arizona and Florida, to unsuspecting out-of-state purchasers. These lots usually had no access to roads, utilities or any of the promised amenities, and when purchasers actually went to see their lots, they would discover the fraud – in most cases too late to obtain recourse or without any recourse at all.

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Issue of Lack of Standing Makes Foreclosures Defective

July 27, 2010 4:18 pm

The financial crisis of the past couple of years has brought with it a glut of mortgage foreclosures. With this huge increase in foreclosures has come a troubling increase in short cuts and sloppy work by institutional lenders and the “foreclosure mill” law firms handling a bulk of these proceedings in New York State.

One of the short cuts involves the commencement of the foreclosure before the paperwork, including the assignment of the mortgage to the plaintiff, has gotten to the lawyer. Courts and referees often miss the lack of standing, resulting in a defective foreclosure that could be set aside. Sometimes the situation has been caught by vigilant judges and the proceedings held up while the lender and its lawyers scramble to comply with the prerequisites that had been ignored.

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Insignia-BNT National Title
6 East 39th Street
Suite 700
New York, NY 10016

212-465-0777
info@insigniabnt.com

Insignia-BNT specializes in:
  • Residential Property
  • Commercial Property
  • New Construction
  • Co-Op Lien Searches
  • ACRIS E-Tax Prep
  • Zoning Lot Cert's
  • Foreclosure Searches
  • Abstract Services