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CLTA NEWS
The recorded webinar, CLTA’s Revised Trustee’s Sale Guarantee aka Guarantee form No. 22, is now available to order. ...

 
SACRAMENTO REPORT
Governor Brown has signed legislation to comprehensively reorganize and recodify the Davis-Sterling Common Interest Development Act. Assembly Bill 805 (Chapter 180) revises provisions concerning ...

 
Assembly Bill 2326 (Chapter 202) becomes effective on January 1, and expands the current requirement of a fingerprint in the notary journal to any document affecting real property. The new law additionally prohibits ...

 
A new law, Assembly Bill 2620 (Chapter 206), adds several legislative declarations and findings regarding granted public trust lands and confers powers with regard to leasing or granting of rights or privileges ...

 
California’s Insurance Holding Company System Regulatory Act (Act) has been updated under legislation signed by Governor Brown. Senate Bill 1448 (Chapter 282) updates California law by incorporating changes ...

 
INDUSTRY NEWS
Bulletin 12/13-31, September 14, 2012
On September 13, CLTA hosted a teleconference call of the UTC Section to discuss recent notices and/or perceived mandates to subscribe to specific third party vendors in order to "vet" their employees. ...

 
In response to threats from local governments to use eminent domain to acquire mortgage loans, the Federal Housing Finance Agency (FHFA) announced that it may take action to avoid a risk ...

 
Bulletin 12/13-27 / September 10, 2012
After joining a number of banking, securities, and housing groups objecting to a Joint Powers Agreement contemplating the use of eminent domain to seize troubled mortgages from investors in San Bernardino ...

 
Bulletin 2012/13-25 / August 30, 2012
The Legislature last year passed fire fee legislation as part of a last-minute budget compromise. The legislation, AB X1 29 , was passed with ...

 
COURT CASES
Martin v. Van Bergen ((B232570)
The doctrine of boundary by agreement does not apply where: 1) a boundary was not uncertain where it can be ascertained by an accurate survey; and ...

 
JCC Development Corp. v. Levy (B231920)
A promissory note provided for a higher rate of interest to be charged if the due date of the note was accelerated due to a default. The court held ...

 
Barroso v. Ocwen Loan Servicing (B229112)
In this action to set aside a trustee's sale, the the trial court sustained the loan servicer's demurrer, and the appellate court reversed. The court held that ...

 
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