Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 09/19/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
IRS Spokespeople Discuss 199A - What Will the Final Regulations Say?
Forbes - The statute gaveth and the regulations may taketh away! Internal Revenue Code Section (“IRC Section”) 199A was added to the tax law to give a 20% income tax deduction to certain “Qualified Business Income.”

Mortgage Fraud Challenges: How to Catch a Thief
National Mortgage Professional Magazine - Two of our Directors will be attending the MBA’s “Risk Management, QA & Fraud Prevention Forum,” held in Los Angeles in September. Attending this venue will be Brandy George, who is the Executive Director of LCG Quality Control and Michael Pfeifer, who is a Director of Legal and Regulatory Compliance.

Dealing with Fraud During Natural Disasters
DS News - With the Carolinas facing record high rainfall and flooding, Fannie Mae warns that there is plenty of risk of fraud as people may take advantage of the chaos. 

Harney: Should Realtor violations be public?
The Columbian - In an era when you can find almost anything you want to know online about real estate — the estimated market value of a house, the rankings of neighborhood schools, crime rates, walkability and much more — there’s one important subject that’s difficult for consumers to check out ...

Vermont Revises Mortgage Commitment Letter Requirements
JD Supra - The Vermont DFR made revisions to the content and timing requirements of mortgage commitment letters; the new requirements are effective October 1, 2018.

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
For Sale: 1 Mile of U.S.-Mexico Border Wall
Forbes - A seven-acre strip of land along the U.S. border with Mexico has been the subject of a months-long dispute between New Mexico’s top land manager and the federal government. 

Real Estate and Divorce: Court Tackles Partition Action in 'Kapcsos'
The Legal Intelligencer - There is nothing more devastating than a divorce. Most of us envision a divorce from the perspective of family law, but there are also situations where a divorce must occur under real estate law as well.

Coco Palms: Time for a reality check
The Garden Island - Amidst the sound and fury regarding the Coco Palms developers, the County of Kauai should pause and consider what it will cost and what we will lose by taking the Coco Palms property by eminent domain. 

3rd Circ. Creates Title Insurance Defense Duty Limits
Law 360 - The Third Circuit has ruled that title insurers aren’t necessarily duty-bound to defend all claims that arise in a lawsuit targeting a policyholder, issuing a precedential decision in favor of Stewart Title Guaranty Co. in a mortgage company’s suit stemming from a defaulted loan.

Tech / Social Media
Meet the Real Estate Tech Founder: Sahil Gupta from Patch Homes: A financial institution that’s focused on unlocking home-equity wealth for homeowners in a debt-free manner
GeekEstateBlog - In our latest real estate tech entrepreneur interview, we’re speaking with Sahil Gupta from Patch Homes.

Software: SafeChain to Integrate ALTA Registry into Its Real Estate Wire Fraud Prevention Platform SafeWire
Publishers Newswire - SafeChain, the industry leader in wire fraud prevention software for land title, announced today that it will integrate the national ALTA Registry into its real estate wire fraud prevention platform SafeWire. 

How blockchain and AI led a real estate firm into the software business
Houston Chronicle - Three red bars towered on the computer screen of Justin Segal, president of the Boxer Property, a Houston commercial real estate firm. Each bar represented an office tenant that an algorithm had predicted would default on its lease.

Title Agency & People in the News
Title Expert Kevin Tacher Gives Advice on how to Handle Escrow Deposit Disputes on “Title Tuesdays”
Digital Journal - Real estate deals don't always turn the way parties would like them to. Sadly, 3rd party title insurance companies are limited to how much they can help resolve disputes.

Title Alliance Celebrates 70th Anniversary Since Opening Their Parent Company, Title Abstract Company of Pennsylvania
Cision PRWeb - The company continues their success of conducting high-quality title insurance services to real estate agents and home buyers.

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
Warning: Potentially catastrophic combination of flammable gasses 
Terrible Real Estate Agent Photos - This bathroom kitchen combo is something you have to see.

These Are the 15 Best Cities for Ice Cream Lovers
Redfin - Redfin researched which cities have the ingredients to satisfy ice cream lovers across America.

High fives, sneezes, and imaginary spiders: An ode to dumb baseball injuries
The Week - Last week, Oakland Athletics relief pitcher Shawn Kelley made a valiant bid for the Dumbest Baseball Injury of the Year with an incident now known as "the dishwashing mishap."

This sustainable dog house has a green roof and solar-powered fan to keep cool
Inhabitat - Green design has touched every aspect of our world, and now even our little furry friends can play their part in living a sustainable lifestyle.

Brazil Nuts Are Brought to You by Rodents
Atlas Obscura - The snack wouldn’t exist without the help of one furry critter and its unusually sharp teeth.

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