Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 03/14/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
Monday Morning Cup of Coffee: Getting Millennials to buy housing is becoming a joke
HousingWire - And when will Millennials begin to start getting into buying houses? Everyone wants to know, and it’s generating some funny results.

Get Ready to Pay More for Recording a Document in California
JD Supra - Starting this year, California Government Code section 27388.1 imposes fees “at the time of recording of every real estate instrument, paper, or notice required or permitted by law to be recorded” (complementary to the documentary transfer tax and in addition to such other fees as a county recorder may impose). 

CREW New York Pointers for Success - Last week, CREW (Commercial Real Estate Women) New York hosted a “Power Women in Real Estate” luncheon where CRE pros shared their pointers for success.

Bringing Residential Uses to Existing Shopping Centers - A Win Win
JD Supra - Tenant curation, experiential retail, and social media-based marketing are thriving trends in today’s brick-and-mortar shopping center industry. Retail is not the only real estate asset class susceptible to trends, and a recent dominant trend in the multifamily residential sector may offer valuable opportunities for shopping center owners.

Legal News
Coco Palms land dispute may continue
The Garden Island - Defendants in the Coco Palms land dispute want to charge rent for the use of the Wailua land upon which the old hotel sits and they’ve set the price tag at $200 million.

Downtown Fort Myers hotel project threatened by missed wording in 82-year-old deed
The News Press - A restriction in the deed in the city's purchase of the site of the planned $52 million Luminary Hotel forbids the use of the land for anything other than a yacht basin or a park. The 225-room hotel is planned for a lot adjacent to the Harborside convention center.

Real estate company sues firm after falling victim to scam
gmtoday - Does a title firm have the responsibility to protect its customers from potential scammers? A Milwaukee company is arguing that is indeed the case, filing a lawsuit after sending a $162,000 check to a scammer instead of the Brookfield title firm it had been working with on a real estate deal.

Mineral Title Examination – It’s Not Easy
JD Supra - Let’s get right to the takeaway: Despite the humble hourly rate operators are typically willing to fork over for title examination, the job isn’t easy and you’d better put your trust in a practitioner with expertise, patience, and an eye for detail.

Tech / Social Media
The Oddball Bromance Between Blockchain and Real Estate
Inc. - Would you put your house on the blockchain? What does that even mean? What about just buying property with cryptocurrency? These are the questions that cryptocurrency and real estate pioneers are investigating.

Title Insurance Companies Focusing on Tech like Their Lives Depend on It
Propmodo - The most talked about the threat to the title insurance industry is the possible use of distributed ledger technology like blockchain to reduce or eliminate the chances of error or fraud. 

As 'E' As Can Be
Simplifile - As the barriers to e-mortgage continue to fall, lenders need to prepare themselves for the future by executing as much of their current mortgage process as they can electronically. 

Title Agency & People in the News
Simplifile VPs Nancy Alley, Vicki DiPasquale Recognized in MPA’s 2018 Hot 100
Send2Press Newswire - Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, announced that Simplifile Vice President of Strategic Planning Nancy Alley and Vice President of Sales Vicki DiPasquale were named to Mortgage Professional America (MPA) magazine’s 2018 Hot 100. 

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
How Do You Solve a Problem Like a Giant Floating Bog?
Atlas Obscura - Floating Islands have fascinated human beings for thousands of years. They appear in Greek, Native American, and Polynesian mythology, not to mention fantasy novels and dessert menus. But the residents of Crow Wing County, Minnesota have had about enough of their floating island.

Smart Home Security
XKCD - Check out this webcomic of romance, sarcasm, math, and language.

How a Tiny Wisconsin Island Became the World’s Biggest Consumer of Bitters
Atlas Obscura - On Washington Island, drinking Angostura shots is the rule, not the exception.

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