Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 9/6/17
Compliments of Marianne Mathieu
Industry News
FinCEN Issues Money Laundering Real Estate Advisory and Renews GTOs
National Association of Realtors - The U.S. Department of Treasury’s lead agency in the fight against money laundering, the Financial Crimes Enforcement Network (FinCEN), has released two notices related to money laundering risks associated with real estate transactions.

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Title Insurance Meets Data Analytics: Q&A With Land Title Guarantee Company
DISCO (Disruptive Competition Project) - This post is part of a series dedicated to highlighting small and medium-sized enterprises across the country employing technology in new and innovative ways. Denver-based Land Title Guarantee Company celebrates its 50th birthday this year, a milestone reached by offering widespread capabilities with a personal touch.

There's Still Time To Apply!
ALTA (American Land Title Association) - The Fidelity National Title Group Scholarship will award recipients complimentary registration to ALTA ONE. This scholarship program is open to title insurance agents and real estate attorneys employed by a company that has a gross revenue of less than $500,000.

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Help Available to ALTA Members Hit by Hurricane Harvey
ALTA (American Land Title Association) - Hurricane Harvey and its devastating amount of rain left a swath of damage in Texas and Louisiana. If your business was damaged, there are several resources offering assistance.

3 Things To Do If Phished
ALTA (American Land Title Association - Title and settlement companies impersonated as part of an email phishing scam should notify customers as soon as possible, contact law enforcement, provide resources for affected consumers and review the company’s security practices, according to the Federal Trade Commission (FTC).


Legal News
Real Property & Title Insurance Update: Week Ending August 18 & 25, 2017
JD Supra -
Real Property Update:
Foreclosure / Statute of Limitations
Foreclosure / Collateral Estoppel / Res Judicata
Foreclosure / Standing & Servicing
Financial Services Update
RESPA / FSCPA / FCCPA / TILA
Title Insurance Update
Dischargeability Exception for Fraud
Economic Loss Doctrine
Indemnification
Statute of Limitations
Statutory Bad Faith
Title Agent Liability

NEW Newsletter for the Real Estate Title Industry
Ganfer & Shore, LLP - Client Advisory: Ganfer and Shore, LLP is pleased to introduce a new advisory newsletter to its clients which will, from time to time, address recent decisions issued by New York Courts as well as legislation that may affect the real estate title industry.

Hearing Delayed on Ramapo Mountain Lakes Lawsuit
NorthJersey.com - A hearing on a motion to dismiss a lawsuit filed by Ramapo Mountain Lakes Inc., which is seeking back dues from 1,645 Oakland residents, has been adjourned to next month.

Canada: Auto-Generated Juridical Acts: Are Lawyers' Functions Being Usurped?
Mondaq - While some see the development of artificial intelligence as a means of increasing access to justice by automating certain tasks, this new technology could have significant repercussions for the legal profession.

Technology News
The Next Big Technology to Transform Government
Governing - Imagine this: Homeowners no longer need to buy title insurance. It's called blockchain, and some say it will have a bigger impact than the internet.
Key Takeaways from WEF's Beyond Fintech: A Pragmatic Assessment of Disruptive Potential in
Financial Services
Publication - What follows is a summarized selection of takeaways from Beyond Fintech: A Pragmatic Assessment Of Disruptive Potential In Financial Services, a 197-page document released this week by the World Economic Forum. 

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In Other News
The Political Race Which Was, Literally, a Race
Now I Know - That's Half The Battle! - John Adams, the second President of the United States, died on July 4, 1826, the 50th anniversary of the signing of the Declaration of Independence. His last words, famously, were “Thomas Jefferson still survives,” which wasn’t quite right — Jefferson had died earlier that day. But he wasn’t making a joke — he was making peace. 

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Because it was Labor Day ...
YouTube - In Memory of Joe Hill. The Ballad of Joe Hill by Phil Ochs

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
347-987-0677