INDUSTRY EVENTS
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INDUSTRY NEWS
On a recent weeknight, Dahlia and Adam Brown came home to their spacious Colonial on a quiet cul-de-sac in Marietta, Ga. The Browns both work demanding jobs and have two young sons.

In its first No-Action Letter under the new revised policy, the CFPB addresses a long-standing issue under the Real Estate Settlement Procedures Act regarding certain payment arrangements between mortgage lenders and housing counseling agencies.

Homeowners who want to sell their existing home and buy a newly built home can now do so all in one transaction and wait as long as eight months to move out, thanks to a partnership between Zillow and nearly a dozen homebuilders.

Consumer Financial Protection Bureau Director Kathy Kraninger is siding against her own job security by agreeing with the administration that the CFPB director should be allowed to be fired by the President at will.

A limited liability company (“LLC”) involved in either the sale or purchase of a one-to-four family dwelling in New York state must now disclose the names and contact information for all managers, owners and agents associated with the LLC. 

Lost Note / Standing: differences in initial plaintiff's name in initial complaint and chain of assignments attached to amended complaint cast doubt on plaintiff's standing to enforce lost note and precluded summary judgment - ARR Invs., Inc. v. Bautista REO US, LLC, No. 5D18-1663 (Fla. 5th DCA Sept. 13, 2019) (reversed and remanded)

LEGAL NEWS
It is one thing to try to sell a 30,000 cubic foot rock in a hot real estate market; it’s another thing entirely to try to sell half of one.

We recently experienced a costly 18-month ordeal at the hands of Garfield County. In December 2010, we purchased a log home in Carbondale using reputable realtors and bought from the leading builder. The property was listed as having 17.5 acres.

Editor’s Note: The information in this column is not intended as legal advice but to provide a general understanding of the law. Any readers with a legal problem, including those whose questions are addressed here, should consult an attorney for advice on their particular circumstances.

In California, we have an admittedly odd way of determining whether the property or business owner in an eminent domain case is entitled to recover attorneys’ fees. (Note that I’m specifically talking about an owner’s ability to recover; California law does not provide for a condemning agency’s ability to recover fees).

TECHNOLOGY & SOCIAL MEDIA
Last Friday cyberterrorists hacked into the systems of The Corcoran Group. These criminals sent confidential financial information regarding the company’s operations to every agent in the firm. 

The California Consumer Privacy Act (CCPA) imposes a broad array of new legal obligations on businesses to inform consumers about the categories of personal information being collected online and how it will be used. 

WORLD NEWS
Following the completion of the privatisation of the mining sector in Zambia in 2000, mining in the country is predominantly private sector-driven.

This is the dilemma Nicholas Ouma Obonyo, a former jailbird, finds himself in after realising that his mother sold or reallocated all the land she inherited from her parents.

Tracking the history of land in the United Kingdom throws up some unlikely origins to wealth.

TITLE AGENCY & PEOPLE IN THE NEWS
Ladd is the sixth recipient of the Founders Award, which was established by PRIA in 2005, to recognize proven, unique leadership and achievement in resolving issues in the property records industry. 

One aircraft owner recently shared his story that might be illustrative. When he bought his first airplane, a used C-182. The buyer entered into an agreement to purchase the aircraft from a respected aircraft dealer, however, after the transaction was supposed to have closed things quickly unraveled. 

Title Agents Go Nationwide
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OTHER TRENDING NEWS
If you're an architecture buff, then consider the cake. Baking is really, in essence, just an exercise in engineering. Taste is only part of an equation that involves tricky feats of texture, temperature, and more often than not, a dash of visual panache.

A symbol used to represent something powerful or influential—a person, a sports team, a religion—also makes itself vulnerable to destruction. It isn’t easy to, say, destroy a country, but you can destroy a symbol of that country fairly easily, and there’s no symbol more identified with a nation, and thus more commonly destroyed in protest, than a national flag.

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