New York A10147 prohibits title insurance corporations from paying claims to lenders when the title transaction is fraudulent.

New York A10147, known as the "deed theft: bank and lender accountability act," amends the insurance law to prevent title insurance corporations from making payments to lenders on claims based on fraudulent title transactions. This law aims to protect lenders from being paid for claims that arise from false or fraudulent title transfers.

New York A10147 prohibits title insurance corporations from paying claims to lenders when the title transaction is fraudulent.

New York A10147, known as the "deed theft: bank and lender accountability act," amends the insurance law to prevent title insurance corporations from making payments to lenders on claims based on fraudulent title transactions. This law aims to protect lenders from being paid for claims that arise from false or fraudulent title transfers.