Issue No. 159 | February 19, 2020


EVENTS
Look For NEW Events Posted Since The Last Issue!
INDUSTRY NEWS
Quiet Title / Motion to Dismiss: Trial court not permitted to consider or take judicial notice of amended lis pendens and partial release of mortgage that were outside the counterclaim to which a motion to dismiss was directed – Migliazzo v. Wells Fargo Bank, N.A.

As a new decade begins, and the regulatory impact of the Consumer Financial Protection Bureau on the industry eases, Fannie Mae and Freddie Mac have made their own moves forward in the marketplace, creating standards for the industry to follow. 

TP-584 on New York transactions?
Pursuant to a law signed by Governor Cuomo in September 19, 2019, the County Clerks now require the use of revised TP-584 forms dated 9/19.

There are a lot of steps to buying a house, and any of them could drag out the timeline, especially if you’re not prepared. Here’s the home-buying timeline, broken down step-by-step, so you can be in control:

LEGAL NEWS
The United States District Court for the District of Colorado recently granted a title insurance company’s motion for summary judgment and found that there was no coverage under a title insurance policy for a neighbor’s monetary set-off claim against the insured regarding a disputed strip of property.

A recent North Carolina Court of Appeals decision reiterates the importance of knowing who you are dealing with when undertaking work or selling materials in connection with any construction or development project in our state.

TECHNOLOGY & SOCIAL MEDIA NEWS
If you’re uncertain whether AI is the best or worst thing to ever happen to cybersecurity, you’re in the same boat as experts watching the dawn of this new era with a mix of excitement and terror.

I’ve trained neural networks to generate candy hearts before, and the process goes something like this: collect as many existing candy heart messages as I can (which was 366) give them to a clueless neural net that tries to imitate them allow the neural net to generate its 100% humanlike imitations

WORLD NEWS
On the Caribbean island of Barbuda, land cannot be bought or sold. The whole island is shared communally. And it's been that way since the 1800s. But Planet Money's Sarah Gonzalez went there and found that capitalism is creeping in. Contributed by Bill Collins, Frontier Abstract.

Amid the backdrop of nationwide protests, blockades and arrests, Wet'suwet'en hereditary chiefs on the front lines of the fight to stop a pipeline in their traditional territories are pointing to a Supreme Court case from the 1990s that underscores their authority over the land.

The English legal system has developed by the decisions of judges throughout the ages and will continue to develop as more cases come before the courts. This has left us with many delightfully quirky legal principles, many of which fall within the law of real property. 

TITLE AGENCY & PEOPLE IN THE NEWS
PROVIDENCE, R.I., Feb 14, 2020 (SEND2PRESS NEWSWIRE) — Silk Title Co., the leading provider of digitally-driven mortgage closing services, announced it achieved record growth in 2019, enabling the firm to deliver on its “service at scale” promise to its institutional bank and independent mortgage lender clients nationwide.

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
HARLEYVILLE, S.C. — After Hurricane Dorian battered his farm in September, John Trenton Pendarvis faced a costly decision. Dorian's winds had blasted the hemp he had planted in early summer. On one particular 10-acre field and its nearly mature crop, he had already spent over $75,000 for licensing, seeds and labor — a sum that he hoped to recoup by selling the post-harvest hemp oil and flowers for several million dollars.

ALTAMONT —The USD 506 Board of Education approved a quit claim deed Monday to clear up a title issue on property donated to the district decades ago when it was School District No. 102.

On Feb. 16, the Hallmark Channel aired the first night of their 2020 American Rescue Dog Show presented by Pedigree. This is the third year that the Hallmark Channel has hosted their dog show that focuses on pooches adopted from rescues and shelters across the country.

It is one of Canada’s stealthiest predators, so spotting a single lynx is rare enough for travelers in the country’s hinterland.

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