Issue No. 180 | July 15, 2020


EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
According to a recent report by Qualia, nearly half of the United States has not enacted RON legislation despite a survey by the company that remote notarizations surged 40% from April to May. Three states in particular, California, Oregon and South Carolina maintain a requirement for in-person notarizations and have yet to adopt RON regulations of any form.

The term certificate of authority actually has several different meanings in insurance compliance. Today, however, I’m talking about the COA issued by a foreign state’s Secretary of State’s Office that documents its approval for an entity to transact business in the state.

House versions of spending bills unveiled this week include provisions to protect medical legalization laws from federal interference, ease marijuana businesses’ access to basic banking services, expand cannabis research, oversee the country’s fledgling hemp and CBD industries and finally grant Washington, D.C. the ability to legalize recreational sales.

Re-Foreclosure / Redemption: Trial court properly entered final judgment allowing re-foreclosure and allowing inferior lien holder right of redemption where inferior lien holder not named as party in original foreclosure – Lucky Nation, LLC v. Al-Maghazchi, No. 4D19-2097 (Fla. 4th DCA June 17, 2020) (affirming final judgment in part, reversing portion of final judgment that awarded interest, property taxes, and expenses incurred after date of filing original foreclosure)

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.

While eNote adoption has grown rapidly in recent years, wider adoption remains contingent on several factors, including eNote acceptance by the five “pillars of liquidity” – the government-sponsored enterprises (Fannie Mae and Freddie Mac), Ginnie Mae, commercial warehouse lenders, the Federal Home Loan Banks (FHLBank System) and private capital markets funders.

LEGAL NEWS
Over the last decade or so, many Nevada borrowers faced with foreclosure of their residences have objected to foreclosure proceedings because the lender does not hold the original promissory note. 

The winds of curiosity have blown us to Jackson v. Dysling 2 Cai. R. 198 decided by the New York Supreme Court in 1804. We hitchhiked our way back here from Justice Cooley’s doings in the late 1870s.

TECHNOLOGY & SOCIAL MEDIA NEWS
In a recent Bloomberg Law article, we reported on legislative developments regulating the use of artificial intelligence (“AI”) in employment law decisions. On May 11, 2020, one of the pieces of proposed legislation we discussed, Maryland’s H.B. 1202, became law without Governor Larry Hogan’s signature.

WORLD NEWS
The County Government of Garissa is keen on issuing land titles in urban areas to minimize perennial conflicts over land ownership. Lands CEC Abdi Farah said the county government was keenly following up on a promise made by Lands Cabinet Secretary Farida Karoney during her visit to Garissa county over a year ago.

TITLE AGENCY & PEOPLE IN THE NEWS
A crowdfunding page has already raised more than $130,000 just three days after a real estate agent in Lynchburg, Va., was attacked with a wrench at an open house this weekend.

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
Burbio provides a comprehensive data set of local community event information from schools, governments, libraries, arts groups, and volunteer organizations -for real estate professionals to use to engage customers and their community across all their marketing assets.

When James and Meg Wilson began working from home in March, they realized their house in Oakland, Calif., would need a proper home office in a hurry. Mr. Wilson, 36, works in finance, and Ms. Wilson, 36, is a nurse practitioner engaged in telehealth.

Some homes have a rich history that dates back centuries. Thousands of historical homes built between the late 1500s and early 1900s are still standing in the U.S. and are on the National Register of Historic Places.

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