Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 03/06/19
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
Executive order that could save homebuyers money on title insurance
Herald-Tribune - simple executive order from the President to the Federal Housing Finance Agency (FHFA), when fully implemented and digested, would save borrowers at least $7 billion a year.

Can Indoor Farming Fulfill the Dream of Opportunity Zones?
Bisnow - Opportunity zones and indoor farms are both new frontiers for investment, and one company is seeking to combine them.

Building on a Prayer
The Real Deal - The city’s real estate industry isn’t known for showing mercy. But as New York continues to grapple with an affordable housing crisis, developers are increasingly teaming up with institutions known for doing just that.

Development deal saves troubled Grand Concourse church
Bronx Times - A Grand Concourse church’s future was secured by a development agreement for the property. Following a long legal struggle with the mortgage holder, First Union Baptist Church, established April 4, 1915 ...

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
CC&R “Subordination” Provisions and Lien Priority
JD Supra - In California, priority between competing liens on the same real property is usually determined by the “first in time, first in right” rule.

Attack on title insurers was out of line
Crain's New York Business - Vullo overreached, but legislators will do right by homebuyers

Understanding the inconsistent legal landscape of cannabis in commercial and residential real estate
NEREJ (New England Real Estate Journal) - At a recent “Legislative Luncheon” hosted by the Greater Providence Chamber of Commerce, a significant portion of the time was spent addressing the question of whether Rhode Island should decriminalize adult recreational use of marijuana. 

A nominee trust is in my chain of title - What should I do about it? - by Elizabeth Young
NEREJ (New England Real Estate Journal) - A trust is one of the entities used to hold real property in the Commonwealth of Massachusetts. There are many types of trusts: Living trusts, irrevocable trusts, donative trusts, and non-testamentary trusts are a few.

Tech / Social Media
New York state demands info on iPhone apps sharing private data with Facebook
Apple Insider - The New York state government sent out a barrage of letters this week, asking for documents and other information from Facebook and the developers of at least 11 iPhone apps accused of sending private data to the social network.

County pledges to improve real estate security after man tries to sell house that isn't his
WXPI News- Allegheny County officials are pledging to improve security with its real estate website after a Penn Hills family said a man sharing the same name was able to change the owner's address.

World News
First Nations in Canada Are Demanding Property Rights
CityLab - Changing or abolishing the Indian Act in order to allow private land ownership may seem like a logical solution, but it’s not without its criticisms.

Title Agency & People in the News

The Web Raulston Story
The Title Report - Finding someone to refer you to a new job isn’t unusual. For Web Raulston, though, his entrance into the title insurance industry came from, let’s say an unexpected source.

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 cutest walk you'll ever see"
Twitter - Check out this penguin highway!

I’ll make the bed as soon as I can find it.
Terrible Real Estate Agent Photographs - Another bedroom photo you just have to see. Well, if you can find it, that is.

A Visual Guide to the Creatures That Could Disappear from Each U.S. State
Atlas Obscura - If you’re endangered, it helps to be famous and cute.

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