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CLTA NEWS
CLTA Affiliate Membership is open to individuals from all industries affiliated with title insurance. Financial institution executives, mortgage bankers, real estate professionals, contractors, vendors, attorneys practicing real property law, and escrow professionals ...

 
March 21, 2012 -- Bulletin 11/12-89
Charles (Chuck) W. Bennett, Past President of the CLTA from 2004 – 2005, recently lost his battle with a long illness on March 18th. He was 69 years old. ...

 
March 29, 2012 -- Bulletin 11/12-91
First American Financial Corp., a global provider of title insurance and settlement services for real estate transactions, yesterday announced that its Chairman Emeritus Donald P. Kennedy passed away on March 24 at the age of 93. ...

 
SACRAMENTO REPORT
The Assembly Natural Resources Committee has voted in favor of AB 1506 (Jeffries) to eliminate the $150 per year fire fee passed as part of last year’s budget package. This is just ...

 
The California Law Revision Commission is undertaking its third decennial review of the exemptions from money judgments. The staff is recommending the review be limited to ...

 
The Senate recently amended two bills to address foreclosure issues. The CLTA has met with legislative staff to let them know of the concerns of the title industry....

 
INDUSTRY NEWS
The Federal Housing Finance Agency (FHFA) has sent a final rule to the Federal Register on private transfer fees. The final rule limits Fannie Mae, Freddie Mac and the Federal Home Loan Banks from dealing in mortgages on properties encumbered by ...

 
The Small Business Review Panel that included CLTA Board member, David Windle, submitted comments to the CFPB about TILA/RESPA integration rulemaking ...

 
The California Energy Commission proposes to adopt regulations to implement California law requiring that nonresidential building owners benchmark and disclose energy consumption data and ratings, if any, for their buildings in advance of ...

 
COURT CASES
Connolly v. Trabue (A131984)
Plaintiffs brought an action to establish a prescriptive easement to a portion of defendant's property they had fenced in 1998. Plaintiff and defendant's predecessor intended to do a lot line adjustment that would transfer the disputed area to ...

 
Montgomery Sansome LP v. Rezai (A130694)
Plaintiff's certificate of limited partnership with the California Secretary of State was in the name of "Montgomery-Sansome, LP". Its contractor's license was in the name of Mongomery Sansome LTD. A fictitious business name statement named ...

 
Debrunner v. Deutsche Bank (H036379)
The court upheld the trial court's grant of a demurrer in favor of the lender without leave to amend, holding ...

 
Walker v. Ticor Title Company of California (A126710)
[UNPUBLISHED IN PART] Plaintiffs filed suit against Ticor and 12 other defendants alleging defendants conspired to fraudulently induce them to refinance real estate loans. The court upheld the judgment in favor of Ticor, holding as follows ...

 

 
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