INDUSTRY EVENTS
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INDUSTRY NEWS
Mortgage company owner confirms identity in CFPB investigation | News
The owner of an independent mortgage company in Chicago, which The Title Report reported Sunday was under investigation by the Consumer Financial Protection Bureau (CFPB), has confirmed his company’s role in the investigation...

Real Property, Financial Services, & Title Insurance Update: July 22 - August 9, 2019
Quiet Title / Extinguishment: mortgage merged and ceased to be an encumbrance when the mortgage on land and the equity of redemption in the same land become united in the same person - Young Land USA, Inc. v. Credo LLC, No. 3D18-2146 (Fla. 3d DCA Aug. 7, 2019) (affirming summary judgment)....

How Much Property Tax Are You Overpaying in Ohio?
When Palmer Square, LLC recently wanted to sell their apartment building at 4121 Palmer Park Circle East in Columbus, they went through all the usual hoops that most homeowners are familiar with: they executed a purchase contract with the buyer, Manhattan Real Estate Partners, LLC, they ordered an inspection, and they obtained title insurance....

Benchmarking is an important tool and worthwhile investment for human resource departments to help support the organization by attracting and retaining the talents needed while managing salaries and costs of the organization in the right manner...

LEGAL NEWS
The Title Report has learned from multiple sources that the Consumer Financial Protection Bureau is on the verge of filing a lawsuit against an independent mortgage lender concerning violations of the Equal Credit Opportunity Act (ECOA)...

BELLE FOURCHE –– The South Dakota Supreme Court reversed the 4th Circuit Court’s June 19, 2018, decision to dismiss a civil case filed against the city of Belle Fourche and denied the city’s motion seeking the awarding of costs and attorney’s fees from Bingham Farms Trust...

Maine recently passed two bills, House Paper 1020 (HP 1020) and House Paper 671 (HP 671), which amend the state’s laws governing foreclosure proceedings, and the mortgagor’s right to cure notice requirements...

TECHNOLOGY & SOCIAL MEDIA
Tom Cronkright learned the hard way that the real-estate industry needs better ways to protect itself and consumers from wire-transfer fraud....

Today, consumer's expectations for seamless digital experiences are set by companies like Amazon, Zillow, and Paypal. In order for retail banks to survive, they too must meet consumer’s demand by providing exceptional digital experiences. Of course, this is easier said than done...

Researchers noted that ransomware took a hiatus after its 2016 and 2017 heyday, but according to the latest report from Malwarebytes, it’s back in a big way—targeting businesses with fierce determination, custom code and brute force...

WORLD NEWS
The Ontario Court of Appeal recently ruled against a cottage owner who sued his title insurer when it denied the claim he made after finding out the structure contained serious violations of Ontario’s Building Code Act...

TITLE AGENCY & PEOPLE IN THE NEWS
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 affordable housing crisis is at a fevered pitch. Nearly half of all U.S. renters are cost-burdened, paying more than 30% of after-tax income on housing and thus may have difficulty affording food, clothing, transportation and medical care...

Carol Rothwell has driven past the sprawling mansion in Grandview on her way to church every Sunday for more than 10 years...

To this day, no one knows exactly what Joseph Stalin had in mind when he ordered the relocation of some 170,000 ethnic Koreans from a small corner of the Soviet Far East to unsettled regions of Central Asia in 1937. It’s safe to say, however, that an unassuming café in Brooklyn was not one of them...

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