Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 8/23/17
Compliments of Marianne Mathieu
Industry News
From the ALTA Advocacy Update: Want Informal Staff Guidance From the CFPB? There's a Form for That
ALTA - Last week, the CFPB released a  new online form for obtaining informal staff guidance. The form appears under the " Compliance and Guidance " page on the CFPB website.
According to the CFPB, you can expect a response to your question submitted by the form in 10 to 15 business days. Response times will vary based on volume and staff availability. It is unknown how this new form will interact with the bureau's current process, which allows questions via email at and by phone at  (202) 435-7700.
Real Property & Title Insurance Update: Week Ending August 11, 2017
JD Supra -
Real Property Update:
Foreclosure / Short Sale / Statute of Limitations
Foreclosure / Standing
Foreclosure / Fraud Claim
Foreclosure / Tortious Interference
Consumer Finance Update:
TCPA / Revocation of Consent
Title Insurance Update
Class Action

Real Property & Title Insurance Update: Week Ending July 28 & August 4, 2017
JD Supra -
Real Property Update:
Foreclosure / Redemption
Foreclosure / Damages
Consumer Finance Update
Title Insurance Update
Escrow Agents
Negligent Search
Policy Coverage and Bad Faith
Policy Coverage

5 Issues That Can Stop a Commercial Real Estate Transaction In Its Tracks
SVN / Graham, Langlois & Legendre (Blog) - Commercial real estate transactions involve a lot of risk for all parties, whether buying or leasing. As the commercial real estate market grows, it is important to stay aware of risks which frequently stop real estate transactions. 

DC couple loses $1.5 million in home-buying cyber attack scam
Fox 5 DC - A couple in the District has lost $1.5 million after hackers appear to have directed the money to an account they owned instead of the account of the title company the couple worked with during closing.

Real-estate speculators bought the road and sidewalk in a gated wealthy San Francisco enclave
Boing Boing - Presidio Terrace is a "block-long, private oval street lined by 35 megamillion-dollar mansions" dating to 1905, where the homeowners are obliged to pay the city $14/year for property tax on their sidewalk, road and traffic islands.

Legal News
Pennsylvania Superior Court Finds Ambiguity in Title Insurance Policy’s Description of the Insured Property Precludes Summary Judgment
Lexology - In an action arising out of a failed real estate transaction, the Superior Court of Pennsylvania vacated an order from the Court of Common Pleas denying appellant-insured’s motion for partial summary judgment and granting a cross-motion for summary judgment by appellee-title insurance company on appellant’s claims. 

Texas Appellate Court Affirms Summary Judgment for Title Insurance Company on Equitable Subrogation Grounds
Lexology - The Court of Appeals of Texas recently affirmed a lower court’s decision granting summary judgment to a title insurance company, among others, holding that the insured lender’s deed of trust had been equitably subrogated to a first lien position and, accordingly, the insured had not suffered any damages as a result of an intervening lien.

Does Texas Have a New “Rule” in Conveyancing?
JD Supra - “The only sensible way to live in this world is without rules”. The Joker to Batman, The Dark Knight. Subject-to, reservations-from, and exceptions-to problems have been lurking in the shadows of Texas jurisprudence for a while now, and the courts have been all over the map in recent holdings (Title nerd and proud of it? Compare this example with this one.)

Easy Easements - Part 2
JD Supra - This two-part series is about four important cases that have been decided over the past year relating to the acquisition of easements. Part 1 highlighted two cases explaining key principles that can dictate whether or not an easement exists.

Technology News
How long until eClosings are standard practice for mortgages?
Housing Wire - The digital world is slowly creeping its way into mortgages, as more lenders start to unveil digital mortgage applications and boast a fully online digital mortgages. There is one caveat, however, that’s making the “fully online digital mortgage” look not as digital as marketed: the closing process.

The first entirely remote mortgage closing just happened
The Real Deal - Welcome to the brave new world of online borrowing. For the first time ever, a U.S. family closed a mortgage remotely using only electronic signatures.

In Other News
3 Quick Tips to Maintain Your Firm's Social Media Presence
JD Supra - Law firms and social media? Historically these two probably did not come to mind as an obvious duo. However, now, if you do not have a consistent social media presence, your firm/company is missing out on connecting and building your brand with potential clients, industry leaders and community members in a new and different way. Think of social media as a supplement to your website.

How to Form Great Habits Using Triggers
Quick and Dirty - The best way to learn something, complete a long term project, or pick up healthy routine is to form… habits! Without a habit, you have to use self-control. Hey, Oreo Ice Cream cake, I’m going out, now. I’m going to the gym, instead. See? I’m putting my gym clothes in the bag. What’s that you say? You’ll miss me? 

Voyager's 40th Anniversary
The Atlantic - In August of 1977, the first of two identical robotic probes was launched from Cape Canaveral, Florida, bound for our outermost planets and beyond. Voyager 1 and Voyager 2 have each traveled more than 10 billion miles in the past 40 years, sending back invaluable observations and images. They discovered two dozen new moons, discovered active volcanoes on Jupiter’s moon Io, took a famous “family portrait” of our solar system, and much more.

‘Total Eclipse of the Heart’ Was Almost a Meat Loaf Song
Atlas Obscura - When Bonnie Tyler's husky, powerful “Total Eclipse of the Heart” hit the radio in 1983, rock ballad fans around the world fell in love. In the U.S., the song peaked at number one on the Billboard’s Hot 100 list. 

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