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  Data privacy and the land records system Monday, March 18, 2019 With reports of major companies’ abuse of personal information coming out constantly, and new laws emerging around the world and in various states, it’s important for those involved in the land records and real estate transfer industries to understand how these issues could impact how they operate. During the Property Records Industry Association’s Winter Symposium in Greenville, S.C. on Feb. 28, industry experts shared about land records history with data privacy, the potential impact of current laws on the books and the possible future of data privacy. |
 Illinois state court rules in LTA suit against recorder Monday, March 18, 2019 The Circuit Court of Cook County, Ill. County Department, Chancery Division, recently ruled in the Illinois Land Title Association’s (LTA) suit against the Cook County Recorder. The LTA had sued the recorder for refusing to record affidavits of heirship and affidavits of survivorship without also providing a copy of a probate court order. Read on for more details. |
 Couple sues over release of funds in wire fraudMonday, March 18, 2019 In a case involving wire fraud in a real estate transaction, a couple buying a retirement home in Arizona sued the bank which released funds in the fraudulent transaction, alleging that the bank aided and abetted the fraud by releasing the funds when it knew of potential fraud. The bank moved to dismiss, arguing that the wire transfer had been completed before the bank was put on notice. Read on for more. |
FTC issues annual report on data privacy, securityMonday, March 18, 2019 The Federal Trade Commission, the nation’s primary privacy and data security enforcer, released its annual report highlighting its privacy and data security work for 2018. Read on for more details.
Appellate court makes quick work of pro se caseMonday, March 18, 2019 A pro se defendant who lost his trial court lawsuit against servicers appealed to the Court of Appeal, Second District, Division 1, in California, alleging the lower court improperly dismissed his case concerning notice of the transfer of his loans.
The appellate court upheld the lower court’s ruling, saying the borrower confused transferring responsibility for servicing the loan with assigning the beneficial interest in the loan.
 Manafort indicted for mortgage fraud Wednesday, March 13, 2019 Hours after being sentenced in federal court in Washington, D.C., Paul Manafort was indicted for a year-long residential mortgage fraud scheme that allowed him and others to obtain millions. Read on for more details.
 Missouri senator urges FTC to do more to protect consumers Wednesday, March 13, 2019 Missouri Republican Senator Josh Hawley wrote a letter to Joseph Simons, chairman of the Federal Trade Commission (FTC), urging the FTC to do more to protect consumers’ data privacy and inform Congress of any gaps in its authority. Read on for more details.
Hawaii seeks to establish foreclosure fraud task forceWednesday, March 13, 2019 The Hawaii Legislature is considering a Senate concurrent resolution requesting the director of Commerce and Consumer Affairs to convene a mortgage foreclosure fraud task force to develop recommendations to improve mortgage fraud protections for consumers. Read on for more details.
Georgia broker sentenced for bank fraud conspiracyWednesday, March 13, 2019 A U.S. District judge has sentenced a Moultrie, Ga., man to time in prison for conspiracy to commit bank fraud and bank fraud as part of a scheme he conducted with his Orlando, Fla.-based brokerage firm. Read on for more details.
 FTC proposes amendments to data privacy, security rulesMonday, March 11, 2019 The Federal Trade Commission is seeking comment on proposed amendments to two rules that protect the privacy and security of customer information held by financial institutions. In separate notices published in the Federal Register, the FTC is seeking comment on proposed changes to the Safeguards Rule and the Privacy Rule under the Gramm-Leach-Bliley Act that are substantially based on recent New York Department of Financial Services rules and the insurance data security model law issued by the National Association of Insurance Commissioners. Read on for more details.
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