Industry & Technology news compliments of Marianne Mathieu
Title Insurance Industry & Technology News 12/05/18
Compliments of Marianne Mathieu
Industry Events
Look for NEW events posted since the last issue!
Industry News
The Housing Slowdown Is Here—and These 10 Cities Are Getting Hit Hardest
r® - Is the party really over? Over the last decade, the seemingly unstoppable growth of the American housing market has created a bonanza for sellers, a cutthroat environment for buyers, and an endless source of fascination for just about everyone else.

How a Real-Estate Scuffle Turned into a True Tale of Miami Vice
Vanity Fair - They’re known as the Jills. They’re two of America’s top realtors, selling the glitziest mansions in Miami. Then a place went missing—and everyday greed blossomed into full-blown extortion.

High-Level Overview of The Proposed Regulations on Interest Deduction Limitation Rules
Mondaq- On November 26, 2018, the Department of Treasury and US Internal Revenue Service released proposed regulations that flesh out the new Section 163(j) interest limitation rule—a cornerstone of the Tax Cuts and Jobs Act enacted by Congress in December 2017.

Consumer protection agency name change could cost banks $300 million; report
MarketWatch - Changing the name of the regulator created by Dodd-Frank to protect consumers from its well-known moniker- the Consumer Financial Protection Bureau or CFPB-to Bureau of Consumer Financial Protection, or BCFP ...

4 Ways the Real Estate and Mortgage Industry Will Transform by 2020
Realty Biz News - Today, searching for and buying a new home is much different than in times past. With a wealth of data at buyers’ fingertips, the entire buying process is changing. 

Real Property, Financial Services, & Title Insurance Update: Week Ending November 16, 2018
JD Supra -
Real Property Update:
Derivative v. Direct Action / Standing:
Foreclosure / Leave to Amend
Annexation Ordinance / Time Limitation
Foreclosure / Final Judgement
Financial Services Update:
TCPA / Consent - FDCPA / Dismissal
Title Insurance Update:
Discovery / Misrepresentation

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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
Not All Deed of Trust Attorney Fee Clauses are Created Equal
JD Supra - Lenders who prevail on claims arising from a deed of trust can always recover their attorney fees from the losing party as long as the deed of trust says something about fee recovery, right? It’s not that simple.

NAIC Ponders the Possibility of Federal Preemption on Cybersecurity
Lexology - Crowell & Moring LLP logo
At the Fall National Meeting in San Francisco of the National Association of Insurance Commissioners (NAIC), regulators on the Innovation and…

Ahead of Amazon’s move to Queens, could buying an apartment count as insider trading?
Quartz - Luxury high-rise apartments were already sprouting in Long Island City, a historically industrial neighborhood in Queens across the East River from Manhattan, before Amazon selected it as a site of its new headquarters.

Tech / Social Media
How the Blockchain Brings Social Benefits to Emerging Economies
Wharton, University of Pennsylvania - Developing countries such as India, Kenya and others in East Africa are discovering an increasing array of applications for blockchain ...

Webcam notaries are game changers in the real estate business
ABC 7 - So long are the days of scrambling to find a notary or inviting a stranger into your home to notarize a deed or mortgage.

Real estate, title agents embrace fintech, but lose faith in homebuyers
National Mortgage News - As the mortgage industry points to the lagging technology efforts of other housing market segments as a pain point in streamlining the process, fintech adoption among real estate and title agents is accelerating, though their optimism on the housing market tanked this fourth quarter ...

Real Estate Companies A Top Target for Email Fraud
Bisnow - Real estate companies experienced a significant number of cybersecurity attacks this quarter, specifically email fraud attacks, according to new research by Proofpoint, a California-based cybersecurity specialist. More, in fact, than nearly any other industry.

World News
The cost of buying and selling WA homes is about to rise thanks to e-conveyancing (Australia) - Buying a house? Selling a unit? If you live in Western Australia, being on either side of a property deal is about to cost you more.

For locals, community land deeds a life or death issue (Thailand)
Bangkok Post - Chiang Mai village embraces new allocation concept, but land ownership still heavily skewed in favor of elite, writes Apinya Wipatayotin.

Father wins property case against 4 children, wife (Uganda)
Daily Monitor - A protracted 14-year court fight between a wife and her two children on the one hand, and the father of the children and the buyer of a house which the family once occupied on the other hand, ended on November 21 with the wife and children on the losing side.

Title Agency & People in the News
New York foreclosure firm admits to cheating Fannie Mae, VA out of millions
HousingWire - Rosicki, Rosicki & Associates accused of "systematically" overbilling expenses

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
Should These Racy, Tacky Real Estate Pics Be Banned? Take a Look If You Dare® - We've all heard that sex sells ... but does that mean that planting scantily-clad fitness models in listing photos can actually help sell a house?

What an excellent day for a visit to an Exorcism Bedroom!
Terrible Real Estate Agent Photographs - Her parents expected Jessica’s to be a particularly turbulent exorcism.

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