Issue No. 204 | December 30, 2020


EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
Today, the Housing News Podcast features a bonus crossover episode from HousingWire’s Daily Download. In this episode, HousingWire Digital Producer Victoria Wickham interviews NotaryCam’s CEO Rick Triola. During the interview, Triola explains why more title industry professionals have adopted remote online notarization in 2020 and shares why he believes RON is here to stay in 2021.

Register of Deeds William P. O’Donnell reminded Norfolk County homeowners of a free on-line Consumer Notification Service offered by the Registry of Deeds to protect county property owners against fraud.

In the wake of the new financial stimulus bill, the American Land Title Association looked back at the thousands of jobs that have been saved so far by the Paycheck Protection Program.

The Alaska Office of the Lieutenant Governor recently adopted provisions relating to notarial acts performed for remotely located individuals. These provisions implement Alaska House Bill 124 and are effective on January 1, 2021.

Boundary issues are rather common in rural settings. Often boundary disputes arise because a survey doesn’t match an existing fence line. In that situation, what controls? How is the actual legal property boundary determined? 

LEGAL NEWS
The Uniform Electronic Transactions Act (“UETA”) proposed by the Uniform Law Commission (“ULC”) in 1999 presented ways for states to effectuate electronic signatures with the same legal validity of wet ink signatures. 

Scott E. Mollen, a partner at Herrick, Feinstein, discusses "U.S. Bank Nat’l Assoc. v. Goldman Sachs Mortgage," where the agreement imposed an obligation of reasonableness as to enforcement undertaken by the trustee, and “47-351 Operating Corp. v. Merino," where an Airbnb occupant overstayed his reservation.

In sophisticated real estate financing transactions, most prudent lenders attempt to deter borrowers from filing for bankruptcy before loans are paid in full by providing in loan documents that such a filing constitutes an event of default. Many lenders will insist that their borrowers remain “bankruptcy remote” in the form of a so-called “single asset real estate” entity during the term of the loan.

The United States Supreme Court recently heard oral argument in Van Buren v. United States, No. 19-783. The Court granted certiorari last term to resolve whether a person – in particular, an employee – who is authorized to access information on a computer for certain purposes violates the 1986 Computer Fraud and Abuse Act (“CFAA”) if he/she accesses the same information for an improper use.

TECHNOLOGY & SOCIAL MEDIA NEWS
Michael Williams' every move was being tracked without his knowledge—even before the fire. In August, Williams, an associate of R&B star and alleged rapist R. Kelly, allegedly used explosives to destroy a potential witness’s car. 

Our future robot overlords know how to have a good time.

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
I think I’ve created a monster. A tiny cat monster. Since the March onset of my working from home, there’s been a deliberate takeover by one who walks on little cat paws but carries big clout.

With everything that’s happened in 2020—the Covid-19 pandemic, the natural disasters, all the loss and fear—it’s easy to lose hope. 

An idyllic setting on a small island 5 miles from the mainland of Maine is now available for $1,975,000.

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