Issue No. 173 | May 27, 2020


EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
During the COVID-19 emergency, some states authorized an alternative notarization process called Remote Ink-Signed Notarization (RIN) as an alternative to notarizing paper documents in person. RIN is significantly different from traditional notarizations and remote online notarization (RON) as well.

Foreclosure / Note: Trial court could not challenge authenticity of note as copy where borrower had not pleaded defenses and lender was not afforded advanced notice of dispositive issue to be tried - Bank of N.Y. Mellon v. Barber, No. 1D18-2097 (Fla. 1st DCA May 1, 2020) (reversed and remanded)

Six months after it was resurrected in the face of nearly $3 million in trustee funds gone temporarily missing, the back-from-the-dead bankruptcy case of LandAmerica Financial Group continues to play out in Richmond federal court.

Some of the world’s biggest banks — including Wells Fargo and Deutsche Bank — have engaged in a systematic fraud that allowed them to award borrowers bigger loans than were supported by their true financials.

If the SECURE Act becomes law in its current form, it would authorize every notary in the US to perform remote online notarizations (RON) using audio-visual communications and tamper-evident technology in connection with interstate transactions.

Another positive sign that the coronavirus pandemic is loosening its grip on Pennsylvania occurred Tuesday with authorization from Gov. Tom Wolf for real estate industry professionals to resume limited business-related activities statewide immediately.

The global COVID-19 outbreak has encouraged widespread orders to protect renters and owners of commercial and residential real property. In this 50 state-by-state survey we offer a summary of cities and states that have enacted policies or implemented moratoriums for evictions or foreclosures due to COVID-19.

LEGAL NEWS
Effective Dec. 23, 2019, a new statute—RPAPL §1302-a—eliminates waiver of the standing defense in a home loan foreclosure action even though not raised in an answer or pre-answer motion. 

As millions of people around the world observe stay-at-home orders to slow the spread of COVID-19, many attorneys have found it relatively easy to stay connected with professional colleagues through phone calls, emails, texts, videoconferencing and cloud computing technology.

Mirae’s attorneys hit back with a complaint on May 20, accusing Anbang of deliberately concealing further ownership claims of the 15 hotels — problems stemming from a bizarre case of deed fraud that came to light in September.

WORLD NEWS
When a concerned neighbour called police after spotting Rossi at one Willaura home, she said she was an officer, had keys and was buying the property.

TECHNOLOGY & SOCIAL MEDIA NEWS
With remote ink-signed notarization (RIN), the notary and signer still manually signs the legal document and affixes their seal by hand (or stamp). Remote online notarization (RON) combines electronic notarization and a remote meeting between the notary and signer.

Until we can set a new date for this event, we have extended the Title Tech Expo website into a platform for information and discussion of the IDEAS that drive the adoption of technology and tools for the land title insurance industry.

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...

OTHER TRENDING NEWS
In New York, the ugly apogee of disease-related Nimby-ism came in September of 1858, when a well-organized mob of Staten Island residents, inflamed by xenophobia and fear of deadly yellow fever, stormed a 30-acre quarantine hospital in the area now known as St. George and set the place ablaze.

As U.S. states move into the next phase of the coronavirus crisis, they may not be getting all the help they want from the federal government, but they won’t be alone. In at least three parts of the country,  states have banded together  

A UCLA librarian has built a remarkable collection of century-old letters, diaries, and photographs.

Months into the coronavirus pandemic, building managers, health experts and high-rise dwellers have charted new codes of elevator etiquette and hygiene; as office workers trickle back to work, plans to get people up and down safely are being put in place.

Aunt Bessie’s next lockdown project is to knit a conservatory.

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