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Volume 115, 
May 2015



Solano County District Attorney Announces New Program to Curb Real Estate Fraud
excerpted from TheReporter 5/21/15
The Solano County District Attorney's Office announced recently that it has teamed up with the Assessor/Recorder's Office to develop a program that would quickly alert homeowners to potential real estate fraud by notifying them of any transactions involving their property.


Officials said the Real Estate Fraud Notification program will electronically scan documents that transfer title or encumber the property with debt such as grant deeds, quit claim deeds and deeds of trust. The person paying the property taxes on the property will receive a letter and the first two pages of the recorded document.


Under the new system, the homeowner is advised that if they were not aware of the transaction they should contact the DA's Office as the transaction may be fraudulent. The program is designed to help protect homeowners from fraudsters by notifying them about the potential of fraud, officials said.


The DA's Office has formed the Real Estate Fraud Advisory Team known as Solano REFAT, the first in Northern California, officials said. (Read complete article.



News from PREP Chapters


Here is this issue's highlighted PREP Chapter:


Co-chairs:  Government, Frederick Garcia at and  Business, Chris Stephan at

The Northern California PREP Chapter met via webinar on May 11, 2015.  This webinar primarily discussed people's thoughts on topics for the upcoming NOCAL PREP conference.  This PREP Chapter has a core group that frequently gathers to discuss topics that may be most relevant for their in-person conferences.
PRIA Sponsored Webinar:  "Redaction Best Practices"
Redaction Best Practices

Register Today!


3 p.m., ET, Thursday, June 18, 2015 

Registration Fee:  Complimentary for PRIA Members; $25 all others  


PRIA invites you to participate in this month's webinar: "Redaction Best Practices"  presented by Carol Foglesong and Steve McDonald.

This Webinar will focus on the output of the Redaction Best Practices Work Group, formed by PRIA in July of 2010. Topics will include an overview of redaction laws by state, personally identifiable information & identity theft, and the Social Security Number and Privacy Protection Act. In addition, general tips for redaction will be discussed, including: identifying the problem and scope, how to avoid complications, and how to ensure accurate redaction when using print or digital methods.   
To register for this webinar, click hereRegistrations will be accepted on a first-come, first-served basis until all seats are filled.

Complimentary for PRIA Members; $25 for non-members   

Non-members can apply their $25 registration fee towards 2015-16 PRIA membership dues. 



PRIA Board Approves New Work Group: TRID (TILA-RESPA Integrated Disclosures)       

The PRIA Board of Directors has approved a new work group which will develop and disseminate educational materials about the new TRID (TILA-RESPA Integrated Disclosures) regulations which will take effect on August 1, 2015.    


This project will address the need for the recording industry to become an active participant in the TRID implementation. The other players in the TRID process, including title agents and lenders, have spent the past 18 months meeting with their respective industries to prepare for the implementation of the CFPB-required process. The recording industry has been under represented at TRID-related meetings. While the new regulations have no direct effect on recorders, the indirect effect and how recorders respond could have significant impact on the business community.


The initial phase of this project will be focused on education for recorders and will occur between June and August. A second phase will initiate in October after the TRID regulations have gone into effect to identify areas for additional support. 


The eNotary Public is Slow to Catch  On
excerpted from TheNewYorkTimes 5/22/15

When it comes to closing on a mortgage, nothing is final until the notary public says so. Charged with officially affirming the transaction's legitimacy, notaries apply their legal stamp of approval after verifying the borrower's identity and willingness to enter into the loan. 


By necessity, notarization has always been a face-to-face process. And even as mortgage lending moves online, enabling borrowers to shop and apply for loans via the Internet, as well as upload documents and apply their signatures, the signing of the final documents requiring notarization still makes it necessary for the borrower to be in the same room with the notary.


Unless, that is, the notary is in Virginia. As of 2012, Virginia became the first state to allow certified notaries to use technology to notarize documents remotely, with the signers being anywhere in the world. Signers must appear before the notary by means of a live, two-way video conference, and the notary must keep a recording of the meeting. (Read complete article.)


Landmark Official Records System from Pioneer Technology Group Now Live in Douglas County, Colorado
excerpted from PRWeb 5/23/15 

The Douglas County, Colorado Clerk and Recorders office is widely recognized as a leader in expanding public service through technology. The legacy of being the first County in Colorado to successfully accept electronic recordings and to electronically certify copies pushes the County to continually look ahead and find ways to improve services for business partners, customers and staff.

Recently, Douglas County achieved another milestone by going live with the Landmark Official Records System from Pioneer Technology Group.


ALTA NEWS:  US Reps Introduce  ALTA-supported Restrained Enforcement Bill for TRID                
excerpted from ALTA Advocacy Update 5/11/15 by Michelle L. Korsmo, ALTA CEO 

In early May, two House Financial Services Committee members introduced a bipartisan bill that would provide a temporary safe harbor from the enforcement of the Consumer Financial Protection Bureau's TILA-RESPA Integrated Disclosure rule as long as companies show a good-faith effort to comply.

Introduced by Reps. Steve Pearce (R-N.M.) and Brad Sherman (D-Calif.), H.R. 2213 would provide for a hold harmless period of restrained enforcement and liability until Jan. 1, 2016, following the Aug. 1 implementation of TRID. Fifteen trade associations joined ALTA in a letter thanking Reps. Pearce and Sherman for introducing H.R. 2213


A hold-harmless period allows the bureau to work with industry to gather data about implementation and provide written guidance to address common industry implementation hurdles that emerge between now and the end of the year. Without more clarity, the result is likely to leave home buyers with less flexibility to obtain the deal they bargained for and potentially fewer companies to work with, particularly in communities where real estate transactions are less frequent.


The bill follows a letter sent by Reps. Blaine Luetkemeyer and Randy Neugebauer asking CFPB Director Cordray to implement a hold harmless period. The need for a hold-harmless period will be one of the issues that we will address with members of Congress during ALTA's Federal Conference and Lobby Day.


Links to National News

Super-priority Liens Pose Perils for Homebuyers
The Seattle Times | May 16, 2015
Super-priority liens give a community association the power to initiate foreclosures and get first crack at the proceeds from the sale of a delinquent dwelling unit before the traditional first-lien held by the mortgage lender.

HousingWire | May 27, 2015
The role of the government sponsored enterprises, Freddie Mac and Fannie Mae, in combination with government-owned corporation Ginnie Mae, has been fairly straightforward for decades: ensure that capital flows freely to American mortgage lending markets so that the American dream remains achievable for all.

CNBC | May 30, 2015
New home sales surged in April, pending sales of existing properties are up, and so are home prices.

Black Knight: Total Loans in Foreclosure Fall to Lowest Level Since 2008
HousingWire | May 22, 2015
Foreclosure starts were down 22% from March to April, falling to a level of 73,500. That total is also down 7% from a year ago.

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The views and opinions expressed in the media, articles, comments, or links in this publication are those of the speakers or authors and do not necessarily reflect or represent the views and opinions held by the Property Records Industry Association (PRIA) or its members.  PRIA does not warrant the accuracy, timeliness or completeness of the information contained in this publication. If you have a complaint about something you have found in this publication, please contact PRIA by email at
This publication may contain copyrighted material the use of which has not always been specifically authorized by the copyright owner. PRIA believes this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material in this publication is distributed without profit, to those who have expressed a prior interest in such information, for comment and nonprofit educational purposes.
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In This Issue
Solano County CA DA Announces New Program to Curb Real Estate Fraud
News from PREP Chapters - Northern California
PRIA Webinar: "Redaction Best Practices"
PRIA Board Approves New Work Group (TRID)
The eNotary Public is Slow to Catch On
Landmark System Now Live in Douglas County CO
Links to National News
Advertise in PRIA's Newsletters
PREP Blog and PREP LinkedIn
Examples of PRIA's Products
PREP Chapter Meetings
  May -  August 2015    

      Central Florida

      Metro Minnesota 

      SE Minnesota

      Idaho (new)

      Red River Valley MN 

      SE Pennsylvania 


      Virginia (new)



Contact Information

Do you have questions or suggestions for this newsletter or any updated information on co-chairs, emails, phone numbers, etc. please contact us:
Carolyn Ableman
PREP Coordinator

Mark Monacelli
PREP Committee Government Co-Chair, Recorder
St Louis County, Minnesota

Madeleine Nagy

PREP Committee Business

Co-Chair, ALTA

State Government Affairs


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