Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 11/21/18
Compliments of Marianne Mathieu
Editor Note
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Thankful for you, dear readers!
As we prepare to celebrate the Thanksgiving holiday, I wanted to let you know that this issue today is number 87. Thank you to the 25% - 47% of you that take the time to open the newsletter email each week. And a special thanks to the 18% of you that click through to view an article. You all give me the energy to go on to number 88 and beyond each week. Also, I’m afraid if I skip a week, you’ll find something better to read. 😊

Happy Thanksgiving!
Marianne
Industry Events
Look for NEW events posted since the last issue!
Industry News
3 Best Places Where It's Cheaper to Own A Home Than Rent
Forbes - If you’re currently renting because you don’t think you can afford a home in your city, you might be surprised — in many major U.S. cities, it’s actually cheaper to pay for a mortgage than to pay rent for any home, according to data from Zillow.

FinCEN Renews Real Estate GTOs: Expanded Geographic Coverage and Reduced Monetary Thresholds
National Law Review - Are Proposed AML Regulations for Real Estate Closings and Settlements Soon to Follow?

ILTA Files Lawsuit Against Cook County Recorder
ILTA (Illinois Land Title Association) - As many of you know, the Illinois Land Title Association has been working to reverse the Cook County Recorder of Deeds refusal to record deeds from the heirs of deceased title holders ...

The Monopoly for Millennials Game Removed Real Estate Wheeling and Dealing—Why?
realtor.com® - The internet has unleashed its fury against the latest version of a classic board game: Monopoly for Millennials. Hasbro released the game this month exclusively at Walmart for $19.82 (which just happens to be the year that this generation started, of course).

Close in an Instant!
Fidelity National Agency Solutions offers its agents a new limited curative, quick close idX solution with idX.

Real Property & Financial Services Update: Week Ending October 26, 2018
JD Supra
Real Property Update
Imputation of Implied Actual Notice
Financial Services Update
FDCPA / Dismissal
FDCPA & FCCPA / Mortgage Statements, Mortgage Assistance Letter, & Escrow Letter:
TCPA & FCCPA / ATDS Allegations
FDCPA Disclosure Requirement / Formal Pleading

Real Property, Financial Services, & Title Insurance Update: Week Ending October 19, 2018
JD Supra
Real Property Update
Chapter 720 / Prevailing Party Fees
Foreclosures / Condition Precedent
Financial Services Update
FDCPA / Dismissal
FDCPA / Rooker-Feldman Doctrine
Title Insurance Update
Collateral Source Rule
Settlement
Attorney Discipline
and more!

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
Bad deed: Crooked cop going to prison for illegally acquiring dead woman’s home
Brooklyn Paper - A former local cop will spend six months in prison for illegally transferring the deed of a dead woman’s home to herself, a judge ruled on Wednesday.

Construction Law in Arkansas: Construction Lien Filings and Property Descriptions – Sometimes Less Is More.
JD Supra - Though Arkansas materialmen’s and mechanics’ lien law rarely appears in appellate court opinions, within the last 12 months there was an exception. 

County Deeds Two Acres to Clear Land Title
Countywide News - The Pottawatomie County Board of County Commissioners entered into executive session during their meeting Tuesday, Nov 13, but this time it wasn’t to discuss the South Annex. 

The Luminary Hotel will move forward in downtown Fort Myers after land issue is settled
News-Press - The long-planned $92 million Luminary Hotel in downtown Fort Myers will move forward after the city settled a land issue with descendants of the property owners who deeded a piece of land to the city back in the 1930s. ...

Tech / Social Media
How Significant is Blockchain in the Mortgage Industry?
Cointelegraph - The global residential mortgage market is estimated to be worth $31 trillion. 66 percent of all Americans have a mortgage on their house while in the UK and China it’s as high as 70%.

State soon to be epicenter of Blockchain real estate deals
BizWest - Colorado is likely to become the epicenter of the national transformation to Blockchain real estate and other commercial transactions, thanks to the election of Jared Polis as governor.

World News
Why Italy Is Giving Lands to Those Who Will Have A Third Child
Forbes - Have kids and you’ll get some land to farm. In the budget law that the Italian government is preparing, one proposal is getting quite the attention. 

An Eye-Opener: Hunger Banquet brings awareness of food availability
Clinton Herald - The Oxfam Hunger Banquet was filled to capacity at the Human Services Campus during last week’s Hunger and Homelessness Awareness Week in Clinton.

Residents given up to January or face eviction (Uganda)
Daily Monitor - At least 700 residents in two villages in Kyesiiga Sub-county, Masaka District, have up to January to look for alternative land for settlement or else be evicted.

Title Agency & People in the News
Adams Abstracting marks 40 years of a family affair
Gettysburg Times - Seated across from each other at the settlement table inside Adams Abstract Associates, Linda Moose and Sue White look right at home. The mother-daughter pair have worked side by side in the Gettysburg office for 32 years, more than three-quarters of the business’s life.

National Standard Abstract provides title insurance for construction loan closing – 1488 New York Ave. in Brooklyn
NYREJ (New York Real Estate Journal) - Brooklyn, NY According to Osei Rubie, president of National Standard Abstract, the firm has provided title insurance for a construction loan closing for 1488 New York Ave.

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
The Most-Googled Thanksgiving Recipe in Each State
Mental Floss - Each year when November rolls around, novice cooks start frantically searching for answers to all their turkey-related questions. When should it be thawed? Is an oven or deep fryer better? What’s the best recipe? 

Pay Toilets Are Illegal in Much of the U.S. They Shouldn't Be.
CityLab- In the 1970s, many American cities and states banned pay toilets, but the vision of abundant free toilets for all never came to pass.

A fixer-upper that just needs a little TLC - LOL!
Terrible Real Estate Agent Photographs - All it needs is a coat of paint, some air freshener, and perhaps a direct hit ...

The Sun Set Off 4,000 Sea Mines During the Vietnam War
Atlas Obscura - Only now do scientists fully understand just how strong a 1972 solar storm was.


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