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New York industry adjusting to licensing requirements
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Regulatory Updates
Monday, February 16, 2015
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More than a month after title agents had to submit their first agency license applications to the New York Department of Financial Services (DFS), industry members are adjusting to the new reality. New York became the 47th state to require title agents be licensed last year.
The New York State Land Title Association (NYSLTA) and the DFS worked to answer any questions agents may have during the application process. Many questions were answered, but others remain as the industry works through what all agree continues to be a transition.
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