TitleBytes News & Happenings
The Demise of Dower in Michigan
Feb 28, 2017
By Phillip J. Neuman, Esq. Dower (the right of a woman to elect upon her husband’s death to take a life estate in 1/3 of any real property he owned in fee title during the marriage) has been around in Michigan in some form since at least 1846. The issue of dower has generated countless […]
ABSTRACTIONS
Feb 28, 2017
By Allan Dick, Editor This is the fourth edition of the revamped MLTA newsletter/BLOG, TitleBytes, replacing the two decade old Title Examiner. It will be issued more frequently (bi-monthly. at least for now), electronically, in a more abbreviated format – more concentrated on current developments and industry non-fake news and advisories, while still reporting on […]
MLTA closes out a successful 2015-16 Legislative Cycle and Looks Forward to the New 99th Legislature
Feb 28, 2017
By Cami Pendell, Michigan Legislative Consultants MLTA was able to end 2016 on a very positive note with the Legislature passing and the Governor signing legislation that eliminates dower in the state of Michigan. The new laws will accomplish the following: Public Act 489’16 – Abolishes a wife’s dower right in both statute and at […]
MLTA Contributes to Habitat for Humanity
Feb 28, 2017
On December 12, 2016 a special presentation was made to Amy Smitter, CFO, Michigan Habitat for Humanity. On behalf of the MLTA Membership a check for $2000 was presented. Amy discussed the financial coaching that began last year and how this is helping families buy or begin to save for their home. In 2016, 598 […]
ALTA Alert: Watch for Fake Dropbox Emails Sharing ‘Closing Disclosure’
Feb 28, 2017
Fake Dropbox emails are circulating once again urging recipients to sign in to access and view documents. Prior to implementation of the TILA-RESPA Integrated Disclosures (TRID) rule, the fraudulent emails were infected with a file called “final HUD-1.” In this scam, the email says that “You have a new document sent to you ‘Closing Disclosure.pdf”. […]