AGENCY BLOG

Issue No.296, September 14, 2022

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NEWS ARTICLES
INDUSTRY

2022 NNA Notary Census, Part 2: 4.4 million U.S. Notaries are adapting to serve the nation today

Notaries in the U.S. have weathered major upheavals in their profession during the past 5 years. In the face of a global pandemic, they adapted their business model to meet growing need for their services, with many Notaries going mobile and embracing new technologies to better serve their customers thanks to the widespread enactment of remote notarization in most U.S. states.


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How bridging lenders are using title insurance to beat delays

With reports of property transactions being delayed through slow conveyancing and weeks of waiting for property searches, the average time of a bridging completion has been edging up in recent months.


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Report: Children Exposed to Foreclosures Experience Delinquency, High Credit Use

A study by the Federal Reserve Bank of Philadelphia found young adults who experienced a foreclosure-induced tendency to seek credit at a higher rate, and delinquency and low credit scores are also more pronounced in the group of adolescents who were between the ages of 10 and 14 at the time of foreclosure.


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Real Property, Financial Services, & Title Insurance Update

Week Ending June 17, 2022


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Closing speeds aren't meeting mortgage borrower expectations

As lenders handled record origination volumes in 2021, their clients came through the mortgage process largely satisfied with their experiences, but expectations are growing for a faster, more streamlined process, one which will require far more technology adoption, according to a new Arizent report. 


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LEGAL

A favorite employee and a real estate deal gone south [California]

I was thinking of Richard Graham the other day. He was one of my favorite employees at our old meat plant years ago. Knowing that he lived in Manton at one time, I put out emails and discovered what had happened to the splendid fellow. I just now found out, and I wish I had not began the search.


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Lease Words You Never Minded: Usufructs vs. Estates for Years [Georgia]

In 1982, one of our authors published an article discussing the distinction between the usufruct and estate for years in the February edition of the Georgia State Bar Journal.1 Since that time, there has been little attention given to one of the most unique aspects of real estate law in the state of Georgia.


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Does This Fisherman Have the Right to Be in a Billionaire’s Backyard? [Colorado]

A fight along Colorado’s waterways pits an alliance of white-water rafters and amateur anglers against some of the nation’s wealthiest landowners, bruising the image of a sportsman’s paradise.


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Assertion of “Constructive Trust” Can Sometimes Support a Lis Pendens [California]

A case recently published by California’s First Appellate District — Shoker v. Superior Court of Alameda County — grappled with the question of whether a claim for “constructive trust” based on the defendant allegedly acquiring an interest in the property through fraud qualifies as a real property claim. 


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WORLD

Is it better to buy a freehold or sectional title property? [Africa]

Sectional title and freehold properties each have their pros and cons.


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TECHNOLOGY

Multi-Factor Authentication: The New Norm for Cyber Insurance Coverage

Multi-factor authentication isn’t a new concept, but the topic has been hot and a sticking point as insurers evaluate the solutions and policies required for cyber insurance coverage in light of the exponential uptick in ransomware attacks.


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PEOPLE IN THE NEWS

Woman's Plan To Out Family 'Stealing Land' From Elderly Neighbors Cheer [What would you do?]

A Mumsnet user has asked for advice after finding out that two family members have been slowly moving their perimeter fences to steal land from their elderly neighbors. In the post, user gerbalgreen says, "They live in the country side and you cannot see the neighbours house from their garden. Their neighbours land covers all three sides of their house and is a wooded area. They have tripled the size of their garden.


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XIT Ranch

On February 20, 1879, the 16th Texas Legislature passed a law appropriating 3,050,000 acres, the sale of which would fund the construction of a new statehouse. The acreage would be selected through a survey of the five-million-acre Capitol Land Reservation in the northwest corner of the Texas Panhandle, which extended 200 miles south to the storied yellow bluffs that had been known to Comancheros, Ciboleros, and Mexican and Spanish herdsmen as las Casas Amarillas – the Yellow Houses.


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Hallmark Abstract Service Ranked #1 in 2022 Best Title Company Category by Long Island Business News Readers

The firm has over a decade's worth of experience providing title insurance for commercial and residential real estate purchases, as well as mortgage refinances, in New York State.


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Title Agents Take Business to the Next Level

For agents interested in growing their business 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

Castel Meur

A small house sits between two huge rocks, with its back to the sea.


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A San Diego Zoo penguin struggled with bumblefoot, but his new boots help him thrive

For many of us humans, there comes a time in one's life when one's feet demand the support of orthopedic footwear. Apparently, this applies to penguins, too.


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The last 7 pm sunset is happening this weekend

While Labor Day Weekend was the unofficial end to summer, these earlier sunsets really drive home the fact that the season of warm nights and outdoor fun is over and fall is setting in.


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How Albania’s Government Kneaded Secret Documents Into Dough

IN 1990, FACED WITH THE imminent fall of a five-decade reign in Albania, the Communist government needed to destroy immense amounts of paperwork. As the country held its first democratic elections in 50 years, some 29,000 files disappeared—generally assumed to detail the crimes committed by the regime and identify those who perpetrated them. But until recently, the secret recipe of how so many documents were so quickly destroyed remained a mystery.


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Picnic Jeans

Pic Nic pants take advantage of the usual cross-legged position to become a comfortable surface useful for consumption of a meal outdoors.


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