Issue No. 154 | January 15, 2020


EVENTS
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NEWS
When family members of Lycienne Prince Barber were about to sell their dead relative’s two duplexes in Biscayne Park, they made a startling discovery. During the prerequisite title and lien searches on the properties, they found that a 55-year-old man named Hencile Dorsey, whom Prince Barber’s relatives never met, had filed two warranty deeds transferring ownership of the properties to his own name in February and March of this year.

Real estate agents often become the go-to for all the advice their clients need during the house-hunting process. Some become more like therapists than salespeople, with buyers especially, but renters too, needing immense support through the understandably stressful process.

As of January 1, 2020, the costs for recording certain documents with county clerks across Kentucky have increased. Most notably, the cost to record a judgment lien or a release of a judgment lien has increased from $13 to $46. 

New York Financial Services Superintendent Linda A. Lacewell announced the creation of a new Consumer Protection Task Force within the Department of Financial Services (DFS) that will further DFS's mission to protect consumers as the federal government rolls back important consumer protections. 

On December 20, 2019, President Trump signed a spending bill, H.R. 1865 – the “Further Consolidated Appropriations Act, 2020,” which included reauthorizations to both the EB-5 Regional Center Program (“EB-5 Program”) and the Terrorism Risk Insurance Act (TRIA).

LEGAL NEWS
California lawmakers are expected to focus much of their energies on housing in 2020 as the state continues to have an affordability crisis, and real estate lawyers will have their eye on several housing-related regulations.

A few weeks ago I was driving to work along Sunshine Street when I saw a man with a picket sign outside Hogan Land Title Company. 

ORLANDO, Fla. — A piece of prime real estate in Orlando was recently put up for auction, but this house comes with some warnings and a fence you will not want.

A man who has battled for the right to stay on an increasingly valuable parcel of land near Tempe's downtown was a step closer to being booted from the property Wednesday as the state’s highest court announced it had refused to hear the case.

TECHNOLOGY & SOCIAL MEDIA
Artificial intelligence (AI) has the potential to transform the insurance industry by automating and streamlining a wide range of insurance processes. 

January 1, 2020 marked more than just the start of a new year. It also represented the next milestone in the march towards nationwide legalization of remote online notarization (RON) – a key component to the ability to conduct truly digital mortgage closings.

Cyber risks were cited as the top concern among businesses of all sizes in 2019, according to a Travelers report released in October.

WORLD NEWS
A citizen’s right to own private property is a human right. The state cannot take possession of it without following due procedure and authority of law, the Supreme Court has held in a judgment.

TITLE AGENCY & PEOPLE IN THE NEWS
Swan City Tile is more than simply a full-service title insurance company. It’s a local business that hopes to offer a local service for locals, by locals.

Clear Title Agency of Arizona, a leader in commercial and residential title and escrow services, has launched into 2020 by making a significant investment in the Central City South Neighborhood Revitalization initiative with Habitat for Humanity of Central Arizona.

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...

OTHER TRENDING NEWS
Over the last couple of weeks, the staff here at Atlas Obscura assembled a menagerie of lists that we hope will inspire your travels and explorations in 2020. 

In warm weather, the rolling hills of Japan's northern island of Hokkaido burst with flowers. In cold weather, they glisten with snow. But come rain or shine, a sentinel stands guard in the island's major city, Sapporo.

'Smile with your eyes': How to beat South Korea's AI hiring bots and land a job
SEOUL (Reuters) - In cram school-obsessed South Korea, students fork out for classes in everything from K-pop auditions to real estate deals. Now, top Korean firms are rolling out artificial intelligence in hiring - and jobseekers want to learn how to beat the bots.

The first black president of Mexico whose execution shocked the nation   [He was an early champion of land title reforms]
When black leader Vincente Guerrero campaigned for president in 1828, sources say he had to fight the “lighter-skinned Mexican elite that was bent on maintaining a system of white supremacy in Mexico.”

Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Financial
(347) 987-0677