Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 02/28/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
Title and Rap Industries Collide
ALTA (American Land Title Insurance Association - Atlanta-based rapper Brandon Blue will set the tone for ALTA SPRINGBOARD during the opening Finding Your Rhythm session.

JPMorgan Chase strikes big air rights deal
The Real Deal - It looks like JPMorgan Chase will buy nearly 700,000 square feet of air rights from Grand Central to build its new 2.5 million-square-foot office tower in Midtown East.

ALTA Title Insurance Coverage Survey
Survey Monkey - This page asks you questions about your company's profile, e.g., size, states of operation, types of insurance policies currently in place, etc.

RESPRO Member Video
YouTube - RESPRO (Real Estate Services Providers Council, Inc.) - RESPRO is the only organization that solely represents affiliated business arrangements under the Real Estate Settlement Procedures Act (RESPA).

Insurers File Article 78 Proceeding Against DFS Over New Title Regs
New York Law Journal - Several title insurance companies are asking the state Supreme Court to strike down newly enacted regulations from the New York Department of Financial Services, arguing that the new rules will result in companies shuttering and layoffs.

Advancing Real Estate into the 21st Century
IBREA (International Blockchain Real Estate Association) - Check out the New IBREA... Everything. Website, webinars, membership options, working groups, and more!

Monday Morning Cup of Coffee: MBA president slams "defamatory" mortgage industry report
HousingWire - The Mortgage Bankers Association is speaking up against a report from The Center for Investigative Reporting which claims to show a high level of discrimination against people of color in mortgage lending approvals.

Legal News
A Prescriptive Easement Can Expand the Scope of an Existing Granted Easement
JD Supra - There are several ways to acquire an access easement over the property of another. A more controversial method (one that usually involves litigation) is an easement by prescription, which involves acquiring an easement by “adverse” possession or use. 

Lake Property Ownership: Montana Supreme Court Addresses Riparian Boundary Dispute
JD Supra - The Supreme Court of Montana addressed a dispute between two neighbors over ownership of a portion of a non-navigable lake. Ash v. Merlette, 407 P.3d 304, 307 (Mont. 2017).

New Jersey District Court Finds Defendants Liable to Title Insurance Company for Conversion, But Factual Issues Preclude Summary Judgment on Fraud Claim 
Lexology - In an action by plaintiff title insurance company against defendants for claims of fraud and conversion arising out of defendants’ sale of their house and the use of the proceeds thereafter, the United States District Court for the District of New Jersey granted in part plaintiff’s motion for summary judgment as to the conversion claim, but denied the motion ...

Court Holds that a Wife Devised Her Property in Fee Simple Determinable to Her Husband with an Executory Interest to Her Son; So, After the Husband Died, If He Still Owned the Property, It Went to the Son
JD Supra - In In re Estate of Hernandez, the issue in the case was whether clauses in a will conveyed a life estate to the decedent’s husband. No. 05-16-01350-CV, 2018 Tex. App. LEXIS 755 (Tex. App.—Dallas January 24, 2018, no pet. history).

Tech / Social Media
Cryptocurrency Move into Commercial Real Estate Is Expected — With Impediments
Daily Business Review - Bitcoin and hundreds of other digital currencies relying on blockchain ledgers have exploded in popularity. Exchanges exist for buying and liquidating. The user can be anonymous. It crosses borders without regulation.

Privacy Tip #127 – Emails Continue to Pose High Risk to Companies
JD Supra - According to a Proofpoint study that analyzed 160 billion emails delivered to 2,400 global companies at the end of 2017, 88.8 percent of organizations were targeted by at least one email phishing attack over the past year. This is an increase over its 2016 report conclusion of 75 percent.

Title Agency & People in the News
Prestige Title of Brevard Has Recipe for Success – Love, Serve and Care for Clients
Space Coast Daily - The recipe has worked for the siblings, who have operated Prestige Title of Brevard for more than a decade, growing the business from a mom-and-pop company launched during the depths of an economic recession into one of the top title insurance companies in the Space Coast.

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.

In Other News
The lead singer of influential ‘60s girl group lived in Charlotte. She just died of the flu
The Charlotte Observer - Another interesting story brought to you by a "title insurance" Google Alert: The name Barbara Ann Alston may not ring a bell for younger generations, but she was among the most influential singers in rock and roll music in the ‘60s, according to the Rock & Roll Hall of Fame.

A Masochistic Brainteaser for the Expert Puzzle Fan
Atlas Obscura - The only way to solve a hell puzzle is through trial and error and stubbornness. But, when you’re finished, you can truly call yourself a puzzle master.

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