Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 10/10/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
Here's How Much You Need to Earn to Buy A Home in Each U.S. City
Forbes - If you want to live in one of the most expensive housing markets in the country then look to the West Coast for your housing search.

Caveat Emptor—Surveyors to the Rescue?
The American Surveyor - If they aren’t surveyors or in title or real estate practices, most people are not aware of every (or any) condition affecting the land they are buying. 

The inventory turn-around: New listings see biggest jump in 5 years
The Mortgage Reports - On the hunt for a home? You now have the most options since 2013. According to a new report, the number of new listings was up 8 percent last month — its highest uptick in more than five years.

Developer admits to condo scam attached to failed 'Cougar Rock' resort
Edmonton Journal - A developer of what was supposed to be a $700-million luxury golf resort just outside Jasper National Park admitted Thursday to defrauding a number of people who invested in condominiums tied to the project.

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
Pennsylvania Federal Court Holds Title Insurance Company Did Not Have Duty to Defend Border Wall Claim
Lexology - The United States District Court for the Eastern District of Pennsylvania recently held that a title insurance company did not breach its policy when…

Senate Democrats call for federal investigation into money laundering in luxury real estate
Housing Wire - Sens. Van Hollen and Whitehouse ask GAO to look into all-cash market

Insurance Companies Are Facing Cybersecurity Compliance Deadlines
The Legal Intelligencer - South Carolina recently became the first state to adopt the National Association of Insurance Commissioners’ Insurance Data Security Model Law.

Alleged Co-Conspirator a No-Show as Hardwick Prosecution Rests
Daily Report - Asha Maurya, the former controller for Morris Hardwick Schneider who pleaded to conspiracy to commit wire fraud, will not take the stand at Nat Hardwick's trial.

Tech / Social Media
Smart Contracts: Blockchain’s Lawyer-Killer?
Bigger Law Firm - Cryptocurrencies, such as Bitcoin, Ethereum, and their many competitors, which run on blockchains, are already enabling highly secure monetary transactions, both legal and illegal.

This Creepy Finger Plugs into Your Phone and Drags the Device to You
Mental Floss - A team of researchers has finally answered the question on everyone’s mind: "What if mobile devices had a robotic limb?"

World News
DENR asks public to ignore, stop sharing ‘erroneous’ social media post of P50 to secure land title (Philippines)
Manila Bulletin - The Land Management Bureau (LMB) has urged the public to ignore and stop sharing a “misleading and erroneous” social media post claiming that they can secure a land title in exchange for a ₱50 fee.

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.

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In Other News
Three Surveyors…and Another Guy
The American Surveyor - If you’re a Land Surveyor, you’ve probably heard Mount Rushmore described as “3 Surveyors and another guy.” While Washington, Jefferson and Lincoln were technically surveyors, the full history may surprise you.

Can I sell my home myself?
The Mortgage Reports - “Can I sell my home myself?” If you’re considering a FSBO (for sale by owner), understand that there’s more to it than sticking a sign on your lawn. But selling yourself can pay off if you do the work.

Early settlement on Westport Island topic of talk Oct. 23
Boothbay Register - “Settlement of the Midcoast, Conflicting Land Claims” is the topic of a talk and discussion at the Oct. 23 meeting of the Westport Island History Committee and Friends of Westport Island History.

Gecko Makes a Bazillion Phone Calls
Neatorama - Dr. Claire Simeone is a veterinarian and the director of the Ke Kai Ola Marine Mammal Center in Hawaii. Yesterday she, and quite a few other people connected with the facility, began getting silent phone calls, over and over.


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