Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 07/04/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
Looking at real estate’s history as July 4 approaches
The Bellingham Herald - How was property bought and sold in the U.S. during the 1600s and 1700s, before America declared its independence from England?

Obama-era program to fight kleptocrats’ favorite tool is working better than anyone guessed
Think Progress - The policy is helping shine light on anonymous buyers and luxury real estate.

Game changing “Real Estate Commissions and Title Insurance Services for a Flat Fee” are beginning in Illinois
EIN Newsdesk - In light of Real Estate Commissions and Title Insurance Services for a Flat Fee that are beginning in Illinois, real estate attorney William B. Blanchard spoke about this game-changing development that will affect Realtors® and title agents in Illinois.

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
Real Property, Financial Services, & Title Insurance Update: Weeks Ending June 15 & 22, 2018
JD Supra
Real Property Update:
Equitable Lien/Foreclosure
Quiet Title/Submerged Land
Foreclosure/Motion to Vacate Final Judgement
Restrictive Covenant
Condominium Association
Domestication of Foreign Judgment
Foreclosure/Notice/Condition Precedent
Salvin Doctrine
Financial Services Update:
Title Insurance Updates:
Insurance Codes
Personal and Specific Jurisdiction

Is Colorado Changing the Landscape of Data Breach Laws?
JD Supra - In the wake of massive breaches, the Cambridge Analytica scandal and the General Data Protection Regulation (GDPR) going into effect, all 50 states now have data breach laws in place.

No, Virginia, You Can’t Just Copy Stuff You Find on the Internet, Even if You Don’t Notice the Copyright Notice
JD Supra - A recent decision by the Eastern District of Virginia may cause some individuals and non-profits to believe that it’s permissible to copy and use “publicly available” photos from the internet, as long as they don’t know whether or not the photos are protected by copyright

Tech / Social Media
Another threat to the title insurance industry? Startups
The Real Deal - If potential regulation from the government wasn’t enough to make a title insurance agent sweat, this might. Startups are increasingly entering the space.

Feds arrest 8 more in ongoing action against hackers targeting wire transfers
Housing Wire - Africa-based conspiracy defrauded U.S. citizens and companies out of $15 million

Unlocking land rights with blockchain
Telangana Today - Many developing countries don’t have a working system of tracking property rights, and what they do have can be fragile and incomplete. 

Title Agency & People in the News
Space Coast Daily TV: Prestige Title of Brevard Shows Off New Mobile Closing Unit
Space Coast Daily - Co-owner of Prestige Title of Brevard Tonya Bader, along with Marketing Director Monica Mendosa, introduced their new Prestige Title Mobile Closing Unit on Monday.

Minnesota Business Magazine Names TitleSmart, Inc. one of the 100 Best Companies to Work For
Cision PR Web - TitleSmart, Inc., a leading Twin Cities title insurance company, today announced that they have been named one of the 100 Best Companies to Work For by Minnesota Business Magazine. The “100 Best” were voted for in an anonymous online questionnaire filled out by the employees of each company.

Frank Pellegrini from Prairie Title appeared in a WGN-TV investigative report that warned about the dangers of real estate wire fraud.
WGN TV - Hackers are targeting real estate wire transfers to scam people out of hundreds of thousands of dollars, and it's now one of the fastest growing internet scams in the world.

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
Real Estate Safe Word! Oh My!
Terrible Real Estate Agent Photos - The owners are also willing to sell their exercise bike and share their safe-word.

Pythagorean Cup
Atlas Obscura - When you think of the ancient Greeks, practical jokes might not be the first thing that comes to mind. But along with art, architecture, and philosophy, you can add trick cups to their list of accomplishments.

Oh, now this is sad ...
Terrible Real Estate Agent Photos - “This is the room where it first occurred to me that my life was pointless and my career had been a waste of time”

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