Issue No. 179 | July 8, 2020


EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
Foreclosure / Rule 1.491: Recommendation of immediate default entered by general magistrate violated the notice requirements of Rule 1.500, and was objectionable, but borrower waived the right to appeal the order approving the general magistrate’s recommendation for failing to timely file exceptions – Garrison v. PHH Mortg. Corp., No. 1D18-1594 (Fla. 1st DCA June 11, 2020) (affirmed)

The proposed uniform privacy law, titled the Collection and Use of Personally Identifiable Data (CUPID) Act, has been put on a fast track to completion.

In what can only be described as an unintentional drafting error with potential consequences for Notaries in every U.S. jurisdiction, a new Indiana law requires Notaries to perform two notarial acts - an acknowledgment and a proof of execution by subscribing witness - on every document that will be recorded in an Indiana county beginning July 1, 2020.

The Mortgage Bankers Association (MBA), American Land and Title Association (ALTA), and the National Association of Realtors (NAR) collaborated to craft a draft model emergency notarization order.

While risk is inherent in all stages of origination, the closing process has a distinctive consideration as lenders and title agents collaborate on sealing the deal. With so many moving parts, risk mitigation is key to ensuring a successful closing.

( The blog post is from December 2019 but worth repeating in these times)
Business continuity planning is the process by a company to create a system to prevent & to recover from threats that may affects its normal business operations, including natural disasters or cyber-attacks.

LEGAL NEWS
When plaintiff Diana Angell was injured while touring a home, she sued the wrong entity. In Angell v. Santeford Family Holdings LLC, after the circuit court granted summary judgment for the defendant on that basis, the appellate court reversed. 

In a striking blow, stripping a city of a judgment of nearly $1 million, the Massachusetts Appeals Court recently reversed a superior court summary judgment awarding fines to the City of Haverhill for a developer’s violations of zoning laws.

TECHNOLOGY & SOCIAL MEDIA NEWS
If you have bought a house in the last decade, you likely started the process online. Perhaps you browsed for your future dream home on a website like Zillow or Realtor, and you may have been surprised by how quickly things moved from seeing a property to making an offer.

WORLD NEWS
To what extent does the state control mining rights in your jurisdiction? Can those rights be granted to private parties and to what extent will they have title to minerals in the ground? Are there large areas where the mining rights are held privately or which belong to the owner of the surface rights? Is there a separate legal regime or process for third parties to obtain mining rights in those areas?

TITLE AGENCY & PEOPLE IN THE NEWS
A St Louis couple who made headlines nationwide for standing on their porch brandishing guns aimed at Black Lives Matter demonstrators have been in a long-running, gun-toting row with their neighbors, it has emerged. 

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
As the world cautiously opens up after the Coronavirus lockdown, steps are being taken at eateries and bars to find new and safe ways to welcome guests.

When it was built in 1939, this home was advertised as being fireproof, stormproof, and termite-proof, three features that are also key for home buyers in the Tampa, FL, area.

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