Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 08/01/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
New cybersecurity requirements challenge New York state’s insurers
Digital Insurance - Carriers that write policies in New York state are facing a key deadline to comply with the state’s strict new cybersecurity requirements.

Officials seek fixes in county record filing systems
The Journal Record - When someone brings a property title to the county for filing, the fee shouldn’t depend on a page count – and definitely not change after multiple recounts, Oklahoma County Clerk David Hooten said.

Trade-Based Money Laundering—South Florida Is in the Bull’s Eye
Daily Business Review - Miami is blessed with year-round warm weather, beautiful beaches, cultural and ethnic diversity, and fortunate geography between the Americas and Europe.

Brooks Johnson column: I'm a millennial. I bought a house. Ask me anything.
Duluth News Tribune - Despite unspeakable student debt, a car payment, a never-ending credit card bill and a few credit-damaging decisions of youth, my wife and I decided we could buy a house. No, we will buy a house. And soon.

Q&A with Chris Griswold: Cannabis business could be deal breaker for prospective building buyers, sellers
Newsok - Cannabis business could be deal breaker for prospective building buyers, sellers

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
Tenants win right to live rent-free in Downtown building
Real Estate Weekly - A federal judge has given a group of renegade Downtown tenants the green light to keep living rent-free.

Pa. sues five companies over mortgage modification scam
The Inquirer - - The Pennsylvania Attorney General’s Office sued five mortgage foreclosure companies and their owners on Wednesday, alleging the firms scammed vulnerable homeowners into paying $280,000 for services they never received.

The Elks Lodge Bamboozle: ‘ONE UGLY MESS!’
South Florida Times - H. Collins Forman Jr., attorney for the Pride of Fort Lauderdale Elks Lodge 652 Joint Management Team described in court, the many-sided case of fraud and malfeasance against the organization as “this is one ugly mess!” 

Glen Ellyn family was at risk of losing home over court document mistakes
ABC 7 Chicago - It's known as "unwinding": when a foreclosure is essentially being reversed because of a problem in documents.

Tech / Social Media
Driving Title Forward
The M Report - How new tech and skilled third-party providers are advancing the title industry.

Privacy Tip #149 – LifeLock Customers May be Targeted with Phishing Campaign
JD Supra - It is now being reported that LifeLock recently had a vulnerability in its website that allowed anyone with a web browser to index email addresses of millions of LifeLock’s customers.

Title Agency & People in the News
Lawsuit alleges Cape Coral title company owner stole more than $700K
News-Press - James Sweetman and his ex-wife entrusted a Cape Coral title company with more than $170,000 from the sale of their home in 2016, and they haven't seen it since.

Mountrail County Abstract Co. sold
Minot Daily News - North Dakota Guaranty & Title Co. announced it has completed the acquisition of Mountrail County Abstract Co. 

Simplifile’s Toni Carroll Receives Mortgage Professional America Award
Send 2 Press Newswire - Simplifile, a leading provider of real estate document collaboration and recording technologies for lenders, settlement agents, and counties, today announced that National Settlement Account Manager Toni Carroll was honored by Mortgage Professional America (MPA) among its list of 2018 Elite Women in Mortgage.

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
Deed to George Washington's first White House in Philadelphia belongs to Ambler real estate agent
The Inquirer - Daily News - In his 45 years as a real estate broker, James J. Reis has developed a keen eye for undervalued treasures.

'It's the New Form of Affordable Housing': More People Are Living in Their Cars
Governing - With rents on the rise, cities are grappling with a growing population of "vehicular homelessness" -- a way of life considered illegal in many places.

Find the Authentic Survey Bolt from NYC’s Original 1811 Street Grid in Central Park
Untapped Cities - Creating the grid layout of the Manhattan we know today was a thankless task.

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