Title Insurance Industry & Technology News 01/30/19
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Compliments of Marianne Mathieu
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Look for
NEW events posted since the last issue!
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Education & Networking Events by Region:
- Northeast: CT, MA, ME, NH, NY, RI, VT
- Mid-Atlantic: D.C., DE, MD, NJ, PA, VA, WV
- Midwest: IA, IL, IN, KS, MI, MN, MO, NE, ND, OH, WI, SD
- Southeast: AL, AR, FL, GA, KY, LA, MI, NC, SC, TN
- Southwest: AZ, NM, OK, TX
- West: AK, CA, CO, HI, ID, MT, NV, OR, UT, WA, WY
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Proposed bill targets money-laundered, terror-funded skyscrapers, LLCs
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New York Post - The iconic skyscraper at 650 Fifth Ave. towers above the edge of Rockefeller Center like a giant middle finger to US victims of terrorism.
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KBRA Releases U.S. Title Insurance 2019 Outlook
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Business Wire - Kroll Bond Rating Agency (KBRA) releases its 2019 U.S. Title Insurance Outlook as title underwriters aim to top $1 billion in net income, levels not seen since before the 2008-09 financial crisis.
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Is it unethical to build a dog park on prime real estate in housing-strapped DC?
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Greater Greater Washington - Should DC spend about $2 million on a parcel of land in Columbia Heights to build a dog park?
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South Florida family charged with selling homes they didn’t own, leaving nurse living out of car
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WSVN 2 News Miami - A South Florida Family is accused of renting and selling homes they didn’t own. And now one nurse is homeless. 7’s Brian Entin investigates.
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Notice and opportunities to comment
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CFPB (Consumer Financial Protection Bureau) - Check here for notices and opportunities to comment posted by the Bureau of Consumer Financial Protection (BCFP). These requests can include: proposed rules, requests for information, and Paperwork Reduction Act notices that give the public an opportunity to comment on certain planned or existing reporting, record keeping, and disclosure requirements.
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Protections and Limitations of Title Insurance—What You Need to Know
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The Legal Intelligencer - Most people have title insurance on their property, but some may be unfamiliar with the concept, protections or limitations of title insurance.
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Two Bridges towers under fire over undisclosed deed restriction
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Curbed New York - “This is precisely the type of unchecked executive action that ULURP was designed to prevent,” says a lawsuit
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New real estate transfer tax bill reintroduced at state level
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SpotlightNews.com - Sen. Neil Breslin reintroduced a statewide real estate transfer tax bill for the state Senate’s 2019 Legislative Session. However, he said he does not intend for it to pass.
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Group Blasts Baker's Real Estate Transfer Fee Hike
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Banker & Tradesman - An anti-tax group lashed out at Gov. Charlie Baker on Tuesday, calling the Republican governor “a disappointment” after he rolled out a plan last week to generate about $1 billion over the next decade by hiking the excise tax paid on real estate transfers.
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Indiana Department of Insurance Commissioner Orders First American Title Insurance Company to Reimburse Hoosier Consumers Over Three Million Dollars
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Indiana Department of Insurance - The Indiana Department of Insurance market conduct examination of First American Title Insurance Company resulted in findings that some Indiana consumers were being overcharged for their title insurance from 2006-2008.
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Millions of sensitive mortgage documents exposed in massive data breach
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Housing Wire - TechCrunch reports on exposure of 10 years of mortgage documents
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Cyberthieves keep stealing millions from homebuyers; is there a fix?
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The Oregonian - The news came to Aaron Cole last month while he was driving a truck for the Canby machine shop where he works.
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The 4 most common mortgage, real estate scams and how to stop them
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The Orange County Register - Criminals are getting more creative in how they target their victims.
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In England, the Right to Daylight Can Be a Legal Matter
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Atlas Obscura - And they have the “Ancient Lights” signs to prove it.
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Title Agency & People in the News
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Lutz presented Ray Fischer 'Outstanding Citizen Award'
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Daily Jefferson County Union - The Jefferson Chamber of Commerce on Thursday recognized outstanding businesspersons, citizens and organizations for their positive impact on the community.
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Frank Carroll Receives NYSBA Professionalism Award
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Congratulations to Frank Carroll on receiving the NYSBA (New York State Bar Association) Section Professionalism Award. All who know Frank know it is well deserved.
Correction / Editor Note
: Previous issue incorrectly listed award from NYSLTA (New York State Land Title Association).
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Title Agents Go Nationwide
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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.
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Reliable Contraception from a well-positioned Family Portrait
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Terrible Real Estate Agent Photographs - Well-positioned family portraits are now recognized as one of most reliable contraceptives known.
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Each State’s Favorite Valentine’s Day Candy, Mapped
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Mental Floss - No matter your relationship status, Valentine's Day is a great time to indulge your sweet tooth. Candy will only become easier to find as February 14 approaches ...
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Can You Guess the President's Teenage Summer Job?
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Mental Floss - Wondering what these presidents did for their summer job? Test your skill with this quiz.
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Woman Wakes Up to Find She Can’t Hear Men — But Can Still Hear Women
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ATI (allthatsinteresting.com) - "She was able to hear me when I spoke to her, but when a young male patient walked in, she couldn't hear him at all."
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Marianne Mathieu, NTP
Vice President/National Agency Accounts
Fidelity National Title Group
347-987-0677
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