Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 02/27/19
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
President Trump Could Save Home Buyers A Ton of Money on Title Insurance
Forbes - This article and the several that follow identify some simple changes in financial regulation that will pay huge dividends to homebuyers or retirees.

Homes for $1 in St. Louis' new homesteading program
St. Louis Post-Dispatch - The city of St. Louis recently launched a new program with the goal of matching some of the city’s vacant housing with people who would like to become homeowners

Property pros: Savvy firm uncovers value in unexpected places
Business Observer - Specializing in distressed properties, Tampa-based EquiAlt established a unique niche. Can it withstand a downturn?

Real Property, Financial Services, & Title Insurance Update: Week Ending February 8, 2019
JD Supra

Real Property Update:
Homestead
Necessary Party
Landlord-Tenant / Subrogation
Financial Services Update:
TCPA / Pleading Requirements
FDCPA / Representation in Collection Letter
FDCPA / Mortgage Statements
DCPA / Identity of Creditor
Title Insurance Update:
Actual loss

Real Property & Title Insurance Update: Week Ending February 1, 2019
JD Supra

Real Property Update:
Foreclosure / Surplus Funds
Foreclosure / Statute of Limitations / Estoppel
Foreclosure / Dismissal
Title Insurance Update:
Subrogation Rights
Policy Liability / Agency Liability

Notice and opportunities to comment
CFPB (Consumer Financial Protection Bureau) - Check here for notices and opportunities to comment posted by the Bureau of Consumer Financial Protection (BCFP). These requests can include: proposed rules, requests for information, and Paperwork Reduction Act notices that give the public an opportunity to comment on certain planned or existing reporting, record keeping, and disclosure requirements.

Legal News
The Perils of a Non-spouse, Co-owner of Real Property in California Tip Sheet by Deed and Record
Cision PRWeb - An unmarried, sole owner of real property in California often avoids probate by adding a co-owner in joint tenancy. This Tip Sheet by Deed and Record identifies the perils of joint tenancy and viable alternatives.

Court: Triple Five executive ‘intentionally defrauded’ buyer in N.J. real estate deal
Riverhead Local - The year before Daniel Preston of Luminati Aerospace brought Triple Five Group to Riverhead as a partner in a massive land deal with the town, one of Triple Five’s top executives was found by a New Jersey court to have “intentionally defrauded” a party to a real estate transaction — to the tune of $1.3 million.

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Scott Alagood: Conveying real estate to a business organization
Denton Record-Chronicle - For certain types of real property, there may be legal, tax or other practical reasons to hold ownership of real property in a business organization.

Tech / Social Media
Premium Title Publishes White Paper on Blockchain Disrupting the Title and Settlement Industry
Nasdaq - The benefits of blockchain as a solution for title and escrow transactions and necessary obstacles to overcome

World News
Judge: claim against law firm can proceed (Bermuda)
The Royal Gazette - An insurance company has launched legal action against a law firm over the failed Par-la-Ville hotel project. Fidelity National Title Insurance Company alleges that Trott & Duncan did not warn that a guarantee by the Corporation of Hamilton may not be enforceable.

Title Agency & People in the News
Readers’ Choice 2019: Best Title Company: Placer Title Co.
Daily Republic - Type the words title insurance into Google and there are more than 900,000 results. Yet, it still remains a mystery to some. Placer Title Co., voted Best Title Company by Daily Republic readers, sees that as one of its missions.

ALTA Confers National Title Professional Designations
The MReport - Washington, D.C.-based American Land Title Association has announced the award of a National Title Professional (NTP) to Mary Jo Edmiston, MTP and Zachary A. Ruroden.

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.

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In Other News
Japanese safety video teaches cats the rules of the road
Engadget - As a species, we've done a pretty bang up job making the rest of the planet incredibly dangerous for other animals. Ask any badger and they'll tell you, "humans are the worst."

This Perpetual Calendar Hidden in an Italian Chapel Is a Mathematical Marvel
Atlas Obscura - The 19th-century device accurately tracks 4,000 years with nine cylinders and a crank.


Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Title Group
347-987-0677