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Volume 87, 
March 2014



North Carolina eyes Cloud for Linking Statewide Property Data Systems

excerpted from GCN 3/21/14    

North Carolina is exploring ways to use cloud-based software tools to pull property data from disconnected systems into standard data sets that can be harnessed for a range of purposes, including taxation, emergency management and environmental protection.


The work is part is part of a six-month project, funded by the Environmental Protection Agency, to transform separate county property systems into online data services that can be shared with the EPA's Environmental Information Exchange Network and with users of the state's OneMap Geospatial Portal. 


Among other information, the property systems contain parcel boundary data, the precise geographic information system coordinates of a piece of property. When the data is overlaid on top of a satellite or aerial image, it shows a mapped image of the exact boundaries of a lot.


"We have 100 counties in the state and each county builds its own cadastral [property] system within a vacuum," said Tom Morgan, land records manager with North Carolina's Department of the Secretary of State.  As a result, the data within the systems - which help the state determine land ownership and boundaries - is not interoperable, making analysis at the regional level almost impossible.


State officials would like to harness that data for more than just determining land size and use and taxes, Morgan said.  If all of the county property information was pulled together and made accessible in a single repository, it would have a number of public benefits. (Read complete article.) 





News from PREP Chapters


In every edition of the PREP Newsletter, we highlight a 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.  

Metro Minnesota PREP

Co-chairs: Government, Timi Bailey, and Business, Darlene Missler,


The Metro Minnesota PREP Chapter met on February 13, 2014. Agenda items included updates on the ERERC (Minnesota's eRecording Commission), Minnesota Land Title Association meeting updates, and all pending legislative updates that the group should be aware of.  New business included a review of the different county's software upgrades, discussion about current document recording volumes, future speakers for PREP (including a Minnesota Association of Realtors representative, and a demo of new county indexing software) and document acceptance criteria.  The next Metro Minnesota PREP Chapter meeting is scheduled for April 10, 2014.  (Read complete minutes on PRIA's PREP Chapters webpage.)



Historical First Paperless eClosing Announced by DocMagic
excerpted from National Mortgage Professional 3/17/14  

DocMagic,Inc. has announced that its eSign compliant loan documents were chosen by Stewart Title and Mountain America Credit Union to complete the industry's first ever eClosing of an FHA loan, in conjunction with Stewart's eClosingRoom. The FHA's recent announcement supports the ability to eSign all documents with the exception of the note. The announcement states that the agency will begin accepting electronically signed notes by the end of the year.


"eSign has never just been about the upfront disclosures," said Tim Anderson, director of eServices for DocMagic. "That's where we started and we've done that for a long time now. Our ability to use this technology to help lenders realize a fully paperless mortgage is the real story here. There really is no excuse now not to provide this service to borrowers, who have been demanding it for some time."


Anderson added that better compliance risk management is an additional benefit of paperless lending. "The ability to provide electronic proof as evidence of compliance will be critical for lenders in the future," Anderson said. "When documents remain electronic, it's easier to create and maintain an audit trail that can support the lender during a bank audit." (Read complete article.) 



PRIA Webinar:  How to Get Started eRecording (April 10, 2014)

Date and Time:     3 p.m., ET, Thursday, April 10, 2014

Registration Fee:  Complimentary for PRIA Members; $25 all



PRIA invites you to participate in this month's webinar: "How to Get Started eRecording", presented by Kathy Haiker, Chief Deputy Register of Deeds for Ottawa County, Mich., and Timothy Nanney, Register of Deeds of Greenville County, S.C.  


Kathy Haiker has been the Chief Deputy Register of Deeds for Ottawa County since 1998.  She is very active in the Michigan Association of Register of Deeds (MARD) and the Property Records Industry Association. Kathy is on the Conference, Vendor and Standardization & Review Committees for MARD and the Conference and eRecording Excellence Work Group for PRIA. Her passion is electronic recording. Kathy has participated in (3) statewide discussion panels on this topic.  


Timothy Nanney was elected Register of Deeds for Greenville County, South Carolina. He serves on the South Carolina Electronic Recording Commission as the large county representative, and serves on the legislative committee for the South Carolina Clerks and Recorders Association. In 2013, Tim was given the Trailblazer Award in recognition of his leadership in implementing new technologies in the land records recording process. In 2009, Tim founded the Upstate Chapter of PREP in conjunction with The Property Records Industry Association. He continues to lead this organizations effort to develop collaboration among land record stakeholders.  


This webinar is designed for the Recording Official who still has questions about eRecording or is not sure where to begin. It will be presented from the Register's point of view and will cover topics such as:     

  • Why some offices say they are not eRecording 
  • What are the benefits to eRecording 
  • What are the steps to get started  

To register for this webinar, click hereRegistrations will be accepted on a first-come, first-served basis until all seats are filled.  


Register Today! 


How to Get Started with eRecording 

 3 p.m., ET, Thursday, April 10, 2014

Complimentary for PRIA Members; $25 for non-members
Study Finds Housing Recovery Fully Taken Hold
Nationwide RealtyTrac has released an analysis of housing market health in 410 U.S. counties in two-year increments over the past eight years, finding that 96 percent of county housing markets are better off than they were four years ago when foreclosures peaked in 2010, but only eight percent of county housing markets are better off than they were eight years ago in 2006 before the housing price bubble burst.

The analysis also found that 80 percent of the county housing markets were better off than two years ago in 2012, when median home prices hit bottom, and 30 percent were better off than six years ago in 2008, at the front-end of the Great Recession.


The analysis looked at four different key categories of housing market health: home price appreciation, affordability, percentage of bank-owned (REO) sales, and the unemployment rate. Each county received a ranking between one and 2.5 for each category each year, and those four rankings were summed up for a total index score for a maximum possible score of 10 each year. The 410 counties analyzed in the report account for 63 percent of the U.S. population. (Read complete article.) 



Settlement Banks All Settled Up; Monitoring Continues
excerpted from MortgageOrb 3/18/14 
Four of the U.S. banks subjected to the 2012 national mortgage settlement - Bank of America, Chase, Citi and Wells Fargo - have satisfied their consumer relief and refinancing obligations under the settlement, according to final reports by Joseph A. Smith, Jr., monitor of the settlement.

Smith had previously certified that the ResCap Parties (Ally) had fulfilled their obligations under the settlement. According to the final crediting reports filed with the U.S. District Court for the District of Columbia, the banks provided more than $50 billion of gross relief, which translates into more than $20 billion in credited relief under the settlement. More than 600,000 families received some form of relief. (Read complete article.)


Now eRecording with CSC: Counties in NY, OR, and KS
excerpted from the 3/21/14 eRecording Updates

Several new recording offices are now electronically recording real estate documents through Corporation Service Company� (CSC�). Any document submitter with a computer, Internet connection and scanner/printer can now eRecord real estate documents in the following counties through CSC: Ontario County, NY, Josephine County, OR and Greeley County, KS.


ALTA NEWS:  Title Action Network Helps Michigan Resolve Recording Issues Caused by Court Decision

excerpted from the ALTA Advocacy Update by ALTA CEO Michelle Korsmo 3/10/17 


The Title Action Network recently partnered with the Michigan Land Title Association to urge land title professionals in Michigan to contact their state representatives to express support for legislation that would address recording issues caused by a bankruptcy court ruling in 2009.

The bills addressed a problem that was created in 2009 when a United States Bankruptcy Court judge decided in In re Neal that a copy of an original instrument along with a verified affidavit does not satisfy the necessary requirements for recording a real estate conveyance because it does not contain the original signatures as required by statue.

Thanks to the coordinated effort of the MLTA and TAN, the bills were passed Feb. 26. In the fall of 2013, MLTA's Board of Directors approved support of TAN. Since this time, more than 200 title professionals in Michigan have become TAN members. Overall, TAN has nearly 6,400 members. To find out more about TAN, click here.



Links to National News


Time | March 25, 2014
Stating that "expectations and recent data point to continued home price gains for 2014," David M. Blitzer, the chair of the committee that oversees the S&P/Case-Shiller Housing Price Index, released data that showed a 13.2% increase in prices for the 12 months ended in January 2014.

DS News | March 26, 2014
While RealtyTrac has long been known for its proprietary foreclosure database of more than 20 million current and historical foreclosure records, the new expansion will offer a nationwide property-level dataset for tax, deed and mortgage records.

The Wall Street Journal | March 26, 2014
Application volume has now dropped in five of the past six weeks according to the MBA, a trend that is a reversal from the beginning of 2014, when lower interest rates led to modest growth in applications.

Los Angeles Times | March 26, 2014
Mortgage-finance giants Fannie Mae and Freddie Mac had demanded compensation from Bank of America for losses on securities backed by faulty loans issued during the housing boom.

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.



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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
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In This Issue
NC eyes Cloud for Linking Statewide Property Data
News from PREP Chapters - Metro Minnesota
Historical First Paperless eClosing
PRIA Webinar: How to Get Started with eRecording
Housing Recovery Fully Taken Hold
Settlement Banks All Settled Up
Now eRecording with CSC: Counties in NY, OR, and KS
Links to National News
PREP Blog and PREP LinkedIn
Advertise in PRIA's Newsletters
Examples of PRIA's Products 
PREP Chapter Meetings
    April - June 2014  


      Central Florida 

      Central Texas


      Metro Minnesota 

      North Central Texas


      SE Minnesota          


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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