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CLTA NEWS
The California Land Title Association’s 105th Annual Convention being held May 14-16, 2012 is just around the corner. Registration materials have been sent to all members. Don’t delay in registering, as space is limited at the beautiful St. Regis Monarch Beach located in Laguna Beach in Orange County.

 
Title industry young professionals are invited to attend the CLTA’s 105th Annual Convention at the St. Regis Monarch Beach in Laguna Beach, CA! As a way to introduce young professionals to tenured members of the industry ...

 
Once the Governor decided to eliminate the redevelopment agencies, some agencies started to transfer assets. Since there were more than 500 redevelopment agencies, each with ...

 
SACRAMENTO REPORT
March 1, 2012 / Bulletin 11/12-81
Attorney General Kamala D. Harris joined with Senate President pro Tem Darrell Steinberg and Assembly Speaker John A. Pérez to announce ...

 
SB 1151 (Steinberg) would require the successor agency to an RDA to prepare a long-range asset management plan outlining how to maximize the long-term value ...

 
INDUSTRY NEWS
Attorney General Kamala Harris has asked Edward DeMarco, acting director of the Federal Housing Finance Agency, to suspend foreclosure sales in California for the more than 60 percent of loans owned or guaranteed by ...

 
The Federal Housing Finance Agency submitted to Congress its plan to redefine Fannie Mae and Freddie Mac’s role in the housing market. The plan could form the basis for Congressional action but it appears unlikely in this election year. ...

 
CLTA Board Member David Windle of Cal-Sierra Title was selected as one of four title industry members to participate in the Small Business Review Panel that the Consumer Financial Protection Bureau held as part of its initiative to ...

 
HUD has issued a revised proposal to limit concessions from sellers and interested third parties to buyers. Concessions would be reduced from the current 6% of a home’s value to the greater of 3% of a home’s value or $6,000. ...

 
A federal appellate court recently rejected the theory that the securitization of a mortgage renders the holder of the underlying trust deed and its nominees unable to foreclose absent authorization from every investor holding an interest in ...

 
COURT CASES
SCI California Funeral Services v. Five Bridges Foundation (A126053)
In this non-title insurance case, plaintiff purchased property, including an easement that was determined, in another action, to be invalid. The court held that ...

 

 
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