Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 10/03/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
Home title fraud: How it's done and how to protect yourself
The San Diego Union-Tribune - As an FBI agent through the 1990s, Art Pfizenmayer investigated title theft. But it was rare then. Today, it’s a growing problem.

Why the housing industry should fear Amazon
Yahoo! Finance - For an e-commerce giant, Amazon has sprawling roots in commercial real estate, with its massive warehouses, Whole Foods footprint and splashy cashierless and 4-Star stores.

A 'Model Town' For Treating Dementia Is Set to Be Replicated in Abandoned Big-Boxes and Strip Malls Around the U.S.
Bisnow - Senior Helpers, a major provider of in-home senior care services, has launched a nationwide franchise concept called Senior Helpers Town Square.

Tridster and Demotech invited to address the National Association of Insurance Commissioners’ (NAIC) Title Insurance Task Force 
STL News - Regarding Tridster’s online title insurance comparison service and Demotech’s industry-leading insurer rating and analysis service.

Birmingham Land Bank Authority raises base purchase price for parcels to avoid deficit
Birmingham Business Journals - The Birmingham Land Bank Authority is raising base prices as it seeks to decrease the number of abandoned and blighted structures in the Magic City.

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
Choosing a hat: Proposal seeks to ease home closing costs by rewriting rules for IL lawyers who sell title insurance
Cook County Record - The answer to the question of just how much extra Chicago area home sellers and buyers should pay for the peace of mind that comes from title insurance can vary from house to house and deal to deal.

“Roof Use ... or Abuse?”
JD Supra - Outdoor space is perhaps the most valuable commodity in New York City. Some apartment owners look for any way to assert that the area outside their apartment is for their exclusive use.

The Growing Risk in Municipal Liens
DS News - Municipalities across the country have the legal right to place a lien against real estate for liabilities incurred by the property owner that remain unpaid. 

Paterson school officials say deed issue resolved, but mayor says not so fast - Citing a law enacted in 1903, Paterson education officials on Wednesday asserted that the school district – and not municipal government – owns the old School 5 building on Totowa Avenue.

Couple Sues Denver Over Affordable Housing Law
Courthouse News Service - A retired couple who unknowingly purchased a home located in an income restricted neighborhood sued the city and county of Denver Tuesday after they were asked to sell the home at a loss.

Nevada Court Reaffirms That Attorneys’ Fees and Costs in Actions to Release Mechanics’ Liens Under NRS 108.2275 Are Only Available in Limited Circumstances
JD Supra - NRS 108.2275 allows parties to, among other things, recover attorneys’ fees and costs associated with seeking relief from frivolous or excessive mechanic’s liens.

Former bassist for The Ataris admits to masterminding multi-million-dollar real estate scam
Housing Wire - Scheme defrauded more than 100,000 people

Tech / Social Media
Software: DocMagic and NotaryCam Integrate to Eliminate Reliance on In-Person Notarizations for Paperless eClosings
Publishers Newswire - Announced an integration that eliminates the need to wet-sign loan documents in the physical presence of a notary by allowing loan documents to be quickly and compliantly eNotarized online.

This Tiny Device Makes It So You Never Have to Remember Another Password
Mental Floss - In our increasingly online world, password management has become an overwhelming chore.

World News
Looking to buy property overseas? These countries don’t want your money
The Real Deal - New Zealand is the latest country to clamp down on foreign investment

Ayodhya title suit: Is mosque essential part of Islam? | SC to decide today on plea for hearing by larger Bench (India)
The Hindu - The Supreme Court is scheduled to pronounce a judgment on Thursday on whether to refer the question if a “mosque as a place of prayer is an essential part of Islam” in the Ramjanmabhoomi-Babri Masjid appeals to a Constitution Bench.

Supreme Court Ayodhya verdict updates: VHP says path clear for hearing of Ram Janmabhoomi appeals (India)
First Post - The Supreme Court had said that it would not hear arguments based on politics or religion and would treat the case purely as a land title dispute case, indicating that the centuries-old history attached to the case was of no significance to it.

Title Agency & People in the News
Michigan title company celebrates decades of service
The Monroe News - Hassett Title Company is celebrating 30 years in operation this year.

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
Finally: The FCC Is Fighting Back Against Robocalls
Mental Floss - Much to the despair of anyone with a phone number, we are living in the golden age of robocalls.

What a mess!
Terrible Real Estate Agent Photographs - Police are still looking for the source of the explosion, thought to have been caused by a buildup of teenagers.

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