Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 10/18/17
Compliments of Marianne Mathieu
Industry News
Best’s Special Report: Title Sector Withstands Challenges to Record Another Year of Strong Operating Performance
Business Wire - The U.S. title insurance industry recorded a fifth straight year of favorable underwriting performance, aided by reduced expenses and moderate losses, according to a new A.M. Best special report.

Real Property, Financial Services, & Title Insurance Update: Week Ending September 22 & 29, 2017
Carlton Fields -
Real Property Update:
Constructive Notice
Foreclosure / Standing / Statute of Limitations
Financial Services Update:
Title Insurance Update
Title Policy Late Notice Defense
Real Property, Financial Services, & Title Insurance Update: Week Ending October 6 & 13, 2017
Carlton Fields -
Real Property Update:
Ad Valorem Taxes
Deficiency Judgment / Attorneys' Fees
Unlawful Detainer / Service
Quiet Title / Summary Judgment
Financial Services Update:
American Land Title Association Names Steven G. Day NTP as President
Globe Newswire - The American Land Title Association (ALTA), the national trade association of the land title insurance industry, announced that Steven G. Day NTP has been installed as president for the 2017-2018 year.

Hill introduces bill to amend CFPB mortgage disclosure requirements
The Ripon Advance - Consumer Financial Protection Bureau (CFPB) mortgage disclosure requirements would be revised to better represent true consumer costs, including the cost of title insurance, under legislation introduced by U.S. Rep. French Hill (R-AR) on Thursday.

Consolidation likely in real estate as smaller players struggle to compete
Realty Biz - Smaller and privately-owned real estate firms struggling with the rising costs of technology are increasingly looking at mergers with larger companies in order to remain competitive. An example of this is HomeServices of America’s acquisition of Long & Foster Real Estate last month, the Washington Post reports.

CONGRATS to my fellow NTPs!
Global Newswire - The American Land Title Association(ALTA), the national trade association of the land title insurance industry, announced it has awarded 10 new National Title Professional (NTP) designations. The designees join 84 other industry leaders from around the country who have earned the prestigious professional designation.

Could Property Owners Or Tenants Who Grow, Process, or Sell Marijuana Make Their Property Tough To Sell?
JD Supra - If you are involved in buying, selling, or leasing real estate involving the booming marijuana industry in Michigan, beware of some startling complications that may put your investment at risk.

Regulatory News
DFS Posts Regulations 206 and 208
NYSLTA - The Long Wait Ends.
Regulation 206 takes effect Oct. 18, 2017. Regulation 208 takes effect Dec. 18, 2017.

NAIC adopted new charges for Title Insurance Task Force
NAIC (National Association of Insurance Commissioners) - The mission of the Title Insurance (C) Task Force is to study issues related to title insurers and title insurance producers.

Legal News
Kutztown, Maxatawny sewer dispute settled
Reading Eagle Company - After about five years of at times contentious legal proceedings, a dispute between Kutztown and Maxatawny Township over the ill-fated Saucony Creek Regional Authority ended in less than a minute Wednesday in Berks County Court.

Some Recent Developments in Pennsylvania Real Estate Law
The Legal Intelligencer - In recent months, Pennsylvania appellate courts addressed the issues of title insurer's liability for deed drafting errors, as well as a municipality's ability to collect fines for illegally constructed structures during the pendency of the property owner's appeal.

CFPB Overreaches in Handling Alleged RESPA ABA Exemption Issues in Meridian
JD Supra - On September 27, 2017, the Consumer Financial Protection Bureau (CFPB) announced the settlement of its Real Estate Settlement Procedures Act (RESPA) enforcement action against Meridian Title Corp. (Meridian), an Indiana-based title insurance agency, based on alleged title insurance referrals made to an underwriter partially owned by three of Meridian’s executives. 

Tech / Social Media
4 Tools to Research Competitors on Social Media
Social Media Examiner - Do you want to learn more about your competitors’ social media activity? Looking for tools to help?

2017 Social Media Marketing Industry Report
Social Media Examiner (By Michael A. Stelzner) - How marketers are using social media to grow their business.

How to Create a Facebook Public Figure Page and Why You Should
Social Media Examiner (By Dennis Yu) - Want to create a Facebook presence that’s separate from your personal profile? Have you considered creating a public figure Facebook page?

How To Use LinkedIn to Generate More Leads In Real Estate
Realty Biz - Your success as a professional in real estate depends on the tricks you employ to generate leads which can convert into actual sales. Without leads, you cannot sell. It is for that reason that real estate professional take to Pinterest, Facebook, blogging, PPC in Google and others resort to cold calling and door knocking.

In Other News
Column: Somber city gets opening night years in the making
San Francisco Chronicle - It was supposed to be a celebration of all the things this city is about, a night many thought would never come. But the carnage is too fresh, the horror still too real.

Now you can buy a home on Amazon, but it might not be for everyone…
Realty Biz - has deservedly earned its reputation as a place where consumers can buy virtually everything. Now, the site has added a new item to its catalog – homes.

First-time buyers turn to crowdfunding, and lenders are backing it
Realty Biz - Would be home buyers who can’t afford to save for a down payment are increasingly looking at crowdfunding options to fund their home purchases.

Racist document still on file for Oregon community
KATU News - When Ryan Sisco was looking for vacation property, he found a spot in the little town of Prescott along the Columbia River between Portland and Astoria. "It was peaceful, quiet, somewhere that we might be able to maybe build a house on at some point," he said.

Home Depot teaches millennials to use tape measures
Boing Boing - Many parents were apparently too lazy to teach millennials how to do even the most basic DIY projects like how to use a tape measure, so Home Depot has released a series of videos based on popular millennial search terms.

Reply to me with your favorite and I will share results in next issue.
The Guardian - A bar's best friend: Britain's pub dogs – in pictures

Title Agents Go Nationwide
For agents interested in growing their businesses by expanding into multiple states, we’re here to make the process simple and profitable. We offer you one point of contact to streamline your options and solutions.

Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Title Group