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Volume 93, 
June 2014

      

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PREP Newsletter Subscribers Receive Half-Price Membership Through July 31, 2015 

Act by July 31, 2014, To Take Advantage of This Offer
 

PRIA has a remarkable offer for PREP Chapter participants.  For those organizations not already members of PRIA, you can join NOW for just 50 percent of your applicable category and enjoy the benefits of PRIA membership through July 31, 2015!

 

Whether a county government or business, we are confident your organization will find a substantial value in PRIA membership and will not hesitate to make PRIA membership an annual commitment.

 

Members can:         

  • Attend the 2014 Annual Conference in Long Beach, CA, and all PRIA events, at reduced rates
  • Influence the development of standards and best practices for your industry
  • Join a committee or work group where you can immediately get involved
  • Stay up-to-date on the latest industry news
  • Enjoy exclusive notice of opportunities to review papers and standards, before publication
  • Meet with your industry partners for informal discussions and challenging debates
  • Interact with the brightest minds in the industry - creating your personal network
Visit www.pria.us and click "Join PRIA" to join online.  For Government agencies use Coupon Code:  PREPPROMOGOV.  There are both online and paper-based options available.  For Businesses use Coupon Code:  PREPPROMOBUS. There are both online and paper-based options available. See discounted membership rates here.

This offer is valid for organizations, both government and business, that have never before been members of PRIA or have not held membership in the past three years (2011-12). Questions? Contact Stevie Kernick, chief staff officer, at 919.459.6081 or stevie@pria.us. Offer expires on July 31, 2014. Act Now!

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News from PREP Chapters

 

In every edition of the PREP Newsletter, we highlight at least one PREP Chapter and post an abbreviated version of their most recent Chapter Meeting minutes.  You can also see what any of the PREP Chapters are talking about by going to PRIA's PREP Chapters webpage.  


CENTRAL TEXAS PREP:  

Co-chairs: Government, Nancy Rister at nrister@wilco.org and  Business, Jerry Llewallen at jerry@erecordingpartners.net 

 

The Central Texas PREP Chapter met on April 22, 2014. The meeting began with a session about title plants, their value, their use of recorder's or clerk's information, and homeowners and underwriters use of title plants. The next session was given by the Texas Land and Title Association who gave an update on upcoming changes in the mortgage industry. Following these sessions, there was a discussion on legislative issues of joint interest such as correcting deeds and bulk data sales. The final session given by Jay Beitel of Polunsky, Beitel, and Green Attorneys at Law Group was regarding the new qualifications for mortgages that have already taken effect, including changes to the debt to income ratio and changes in verification requirements. The next PREP Chapter Meeting for the Central Texas Chapter will be held in conjunction with the Texas Association of Counties Pre-Legislative Conference at the end of August. (Read complete minutes on PRIA's PREP Chapters webpage.)

 

 

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Indecomm Global Services again Recognized by International Association of Outsourcing Professionals

Indecomm Global Services, a leading business process outsourcing company, announced that it has been ranked 54th among a list of top global 100 companies in the Leaders category for The 2014 Global Outsourcing 100� by the International Association of Outsourcing Professionals (IAOP). Indecomm was honored as among the Best 5 Leaders in Education as well as Best 10 Leaders in Corporate Services and Best 10 Leaders in Southeast Asia. It was also in the Best 20 Leaders category in Transaction Processing Services and a Best 20 Company in India. (Read complete press release on PRIA's webpage.)

 

 

       

 

PRIA Annual Conference - August 25-28 in Long Beach, CA
  

Mark your calendars for August 25-28, 2014, and plan to join fellow PRIA members in Long Beach, CA, for a three-day conference that will hit on topics that are relevant and timely. The reservation website to secure your hotel rooms at the Renaissance Long Beach is now open, so book early for the low PRIA group rate of $135. 

 

Registration materials are available on the website in PDF format or as an online option. Hotel reservations can be made online, by calling 800.468.3571 (Renaissance Central Reservations) or directly with the hotel 562.437.5900.  The PRIA room rate is $135, plus applicable taxes.

 

          
CSC's eRecording All-Star Awards
  
Corporation Service Company� (CSC�), a nationwide provider of paper and electronic real estate document recording services, is calling for nominations for its second-annual eRecording All-Star Awards.

For the first time, the awards will recognize both clerks/recorders AND document submitters who have implemented and promoted the use of electronic document recording technology. There are eight award categories this year: four for submitters and four for clerks/recorders. 

 

There is no fee to enter, and recording offices and document submitters may nominate themselves by completing this nomination form. The nomination deadline is noon Eastern Time on Wednesday, July 23, 2014.

A committee of CSC document recording management and operations staff will select the award winners. CSC will announce the winners in mid-August. Winners will receive a personalized gift to commemorate their achievements.

 

Complete the Nomination Form

 

 

ALTA NEWS:  House Financial Services Committee Approves HR 4383 (by Michelle Korsmo, ALTA CEO)

excerpted from the June 16, 2014 ALTA Advocacy Update

 
On June 10th, the House Financial Services Committee (HFSC) unanimously approved HR 4383, the Bureau of Consumer Financial Protection Small Business Advisory Board Act. This bill has been a great vehicle for ALTA to raise awareness about how the CFPB is affecting the small businesses that make up the majority of the title and settlement industry. While it is not likely that this bill will make it into law this year, we are hopeful that HR 4383 provides us with a good launching pad for the next Congress. We sent this letter to Rep. Jeb Hensarling (R-Texas), chair of the HFSC, and Rep. Maxine Waters (D-CA), the committee's ranking member, encouraging the committee to pass HR 4383.

 

This bipartisan bill would establish an advisory board representing small businesses at the Bureau similar to the Consumer, Community Bank, Credit Union and Academic Research Advisory boards. Possible members of this advisory board might include title professionals, loan officers, mortgage bankers, realtors and data collection experts. This board would allow for more formal outreach to small business interests throughout the regulatory and supervisory process in contrast to the "one shot" small business review panels that occur only during the rule-making process.

 

Thanks to the efforts of attendees of the Federal Conference & Lobby Day in May, this bill had 35 bipartisan co-sponsors. We truly appreciate their recognition of the need for a strong and constant voice at the Bureau to discuss small-business issues. If you have any questions, please contact Ben Lincoln, ALTA's director of government affairs, at benjamin@alta.org or 202-261-0308. 

 

 
eRecording in Greene County, WI now available through Simplifile

Electronic recording in Green County, Wis., is now available through Simplifile.

"With eRecording, the document is right in front of us. We enter a few items and accept the document - no mail and no postage," said Green County Register of Deeds Cindi Meudt.  "If there is something that is incomplete, we would reject the document and within minutes it could be corrected and recorded." Other benefits of eRecording include fewer rejections, increased document security, and less overall paper waste.

 

"Our experience with Simplifile has been great. I certainly would like to see 25 percent of the documents eRecorded and a larger percentage in the coming years," Meudt said.

 

Green County joins 39 other Wisconsin counties, more than half the state's recording jurisdictions, in making Simplifile's eRecording service available to customers. (Read complete article.)

 

 

Links to National News

   

Why Builders Are Worried About Millennials
Realtor Mag | June 25, 2014
Millennials are going to be a big force in the housing industry in the years to come, but for homebuilders, they may be trouble. Columnist Jeff Reeve writes in The Wall Street Journal that homebuilders should be worried about millennials' impact to their bottom line.

Tax Writers Hope to Stabilize Housing Industry
Roll Call | June 25, 2014
A housing recovery moving in fits and starts is fueling new efforts on Capitol Hill to protect tax incentives for home ownership and oppose any reductions in the tax breaks that might be part of a broad tax overhaul.

 

Trulia: Housing Shaking Off Spring Slump?
HousingWire | June 25, 2014
Trulia is making the case that the underlying fundamentals of the housing industry are on track, and that only a few components are missing from a full-on charge out of the late winter, whole of spring downturn -- first-time buyers.

 

Loan Applications Take Another Dip
Realtor Mag | June 25, 2014
Applications for home mortgage fell 1 percent for the week ending June 20, the second consecutive week for a drop, after a sharp 9.2 percent decrease in applications the previous week, the Mortgage Bankers Association's seasonally adjusted weekly index showed.

 
Join the PREP Blog and the PREP LinkedIn Group

 

On most business days, we post national news articles, and PRIA and PREP Chapter information on the PREP Blog and the PRIA/PREP LinkedIn Group. You are able to stay in touch by subscribing to both sites and automatically receiving updates daily or weekly. 

  

Consider Advertising in PRIA's Newsletters for One Bundled Rate

Consider advertising in the two PRIA publications, In Touch and PREP's "Working Together" Newsletter. In Touch is produced and distributed 12 times each year, while PREPs "Working Together" is distributed 24 times a year.  It's a lot of exposure with a wide audience, now up to 13,000 readers, for just a few dollars. To claim your space click here.

 
CONTENT DISCLAIMER
  
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 info@pria.us.
FAIR USE NOTICE
 
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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If you'd like to advertise in this newsletter please contact: stevie@pria.us
In This Issue
PRIA Half-Price Memebership Offer
News from PREP Chapters - Central Texas
Indecomm Global Recognized by IAOP
PRIA Annual Conference - August 25-28
CSCs eRecording All-Star Awards
ALTA News
eRecording in Greene County, WI through Simplifile
Links to National News
PREP Blog and PREP LinkedIn
Advertise in PRIA's Newsletters
Examples of PRIA's Products 
  
 
  
                    
PREP Chapter Meetings
          
        July - September 2014  
  

      Central Florida 

      Metro Minnesota 

      North Central Texas

      Pennsylvania  

      SE Minnesota

      Central Texas

      Central Lakes MN

      Colorado           

         


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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