Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 05/01/19
Industry Events
Look for NEW events posted since the last issue!
Industry News
Real Property & Title Insurance Update: Week Ending March 29, 2019 | Carlton Fields
Foreclosure / Attorneys' Fees: borrower not entitled to attorneys' fees for prevailing on lender's claim for reformation of mortgage, where lender prevailed on claim of foreclosure without reformation....

Financial Services & Title Insurance Update: Week Ending March 22, 2019 | Carlton Fields
FDCPA / definition of "debt collector": law firm carrying out a nonjudicial foreclosure action not a debt collector because the primary definition of a "debt collector" under sec. 1692a does not include parties who do no more than enforce security interests....

ProReo™ Settlement Services and Parcel Revenue Corporation Launch Technology Platform Designed to Re-Route Title Insurance Orders to First Available Licensed Agent
Parcel Revenue Corporation and its Highland Heights, Ohio based subsidiary, ProReo™, launched the highly anticipated Title/Escrow Load Balancing Platform last month and the platform is already receiving rave reviews from some of Northeast Ohio's top real estate agents....

Is Your Business Built for 24/7 Customer Relationships?
A seismic shift is under way. Thanks to new technologies that enable frequent, low-friction, customized digital interactions, companies today are building much deeper ties with customers than ever before....

Legal News
Cambria land purchase delayed due to survey requirements
During a meeting on Monday night, the Le Sueur Economic Development Authority granted an amendment to the Cambria land purchase agreement due to mishaps in the title commitment....

Victims of reverse mortgage scam want protection from Ditech bankruptcy
Two years ago, a Chicago loan officer was charged with defrauding elderly homeowners in a reverse mortgage scam by taking out reverse mortgages without their knowledge or misrepresenting the terms of....

Seventh Circuit Upholds Lien Notice despite Incorrect Name
When you do not pay your taxes, the Internal Revenue Service (IRS) has the power to file a “lien” on your property under Internal Revenue Code section 6321. The lien attaches “upon all property and rights to property....

Council gives Ely Veterinary Clinic land for a buck
Ely City Council members last week agreed to transfer land in the city’s business park to the Ely Veterinary Clinic for one dollar, following three decades of lease payments of more than....

Oregon's error in the 1940s hanging up proposed rock quarry south of Silverton
Nearly a year after approving the sale of mineral and geothermal rights to the owner of a property south of Silverton who wants to open a rock quarry, the Oregon State Land Board is considering re-examining its sale after.....

Illinois District Court Orders New Trial Based on Erroneous Jury Instructions and Reduces FDIC’s Damages Award Against Title Insurance Company
After a series of post-trial motions, the U.S. District Court for the Northern District of Illinois granted defendant-title insurance company’s motion for a new trial limited to a particular damages issue, and denied the FDIC’s motion.....

North Dakota Amends its Abandoned Property and Foreclosure Provisions
On March 21, 2019, North Dakota Governor Doug Burgum signed into law a bill, Senate Bill 2205 (SB 2205), which amends the abandoned property and foreclosure provisions in North Dakota.....

Technology & Social Media
Blockchain-for-Land: What We Are Getting Wrong and How to Fix It
The flurry of activity related to blockchain-for-land over the past few years is impressive, with a number of firms working with land registries worldwide....

North Dakota Governor Signs Remote Online Notary Bill
North Dakota Gov. Doug Burgum recently signed House Bill 1110 into law enabling remote online notarizations (RON)....

7 Tech Companies Poised to Disrupt Real Estate
From marketing platforms to safety and staging solution developers, several startup companies are positioning themselves to grow their footprint in the real estate space...

World News
Title deed insurance comes to the fore
As the government has intensified its efforts to provide conclusive title deeds to land owners to keep lands of individuals safe and protect them from encroachments and manipulation, a proposal....

No man's land
While welfare recipients in Germany are required to disclose extensive details about their wealth and possessions before they can receive benefits, data on....

Title Agency & People in the News
Linda Aparo: Missing, Defective Lien Releases are an 'Epidemic'
Lien release has always been a problematic area for mortgage lenders and title companies. With alarming frequency, lien releases are ....

WACO Title announces new locale
WACO Title recently announced the move to its new location at 302 East Parkway Drive, Ste A-1, in Russellville. This location, which opens on Monday, provides a larger, more convenient location for their central Arkansas customers....

Hall of Fame profile: Jason Bragg's versatility vaulted Stephenville
When Stephenville won its first two Class 4A state championships in the early 1990s, there wasn’t a more versatile player on the field than Jason Bragg....

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.

Other Trending News
The Parkland School Shooter Will Be Wealthier Than His Defense Team. Now What?
As 20-year-old Nikolas Cruz, charged with carrying out one of the deadliest shootings in U.S. history, anticipates a $432,000 payout from his dead mother’s life insurance policy....

Wayne's 'heroics' predicated on fraudulent land sales
The Northwest Ordinance of 1787 declared that land title in the Northwest Territory belonged entirely to the native tribes living there. It went on to say those tribes could only sell that land to the U.S. government....

A new look for Pettaway
The Pettaway neighborhood, tucked between Scott Street on the west, Interstate 30 on the east, 15th Street on the north and Roosevelt Road on the south, is an architecture catalog in life-sized 3D....


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