CLTA eNews - April 2013 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Garrett & Tully, A Professional Corporation
CLTA NEWS
The CLTA's Bankruptcy Webinar (1.5 MCLE/PD Credits) is now available to order ...
 
 
SACRAMENTO REPORT
The December CLTA Enews featured a new disclosure requirement on commercial landlords starting July 1, regarding historical energy usage.  There is another disclosure for landlords coming up ...
 
Since Fannie Mae and Freddie Mac have declined to purchase mortgages with a Property Assessed Clean Energy (PACE) super-priority lien, there is a new concept being floated, AB 905 (Ting).  In this case ...
 
Bulletin 12/13-70, February 22, 2013
Legislation imposing a $75 recording fee to fund affordable housing has been introduced in the Legislature. Senate Bill 391 (DeSaulnier) makes extensive legislative findings about the need to ...
 
Assembly Bill 1291 (Lowenthal) would greatly expand the definition of "personal information" under California’s privacy law to include not only information that identifies "or references" an individual, but also ...
 
Data Trace Union Bank
INDUSTRY NEWS
The Northern California chapter of the Property Records Education Partners (PREP) has scheduled a regional conference for May 1, 2013, at the County of Alameda Training Center in Oakland.  ...
 
The United States Court of Appeals for the Ninth Circuit ruled on March 19th that the decision of Federal Housing Finance Agency (FHFA) to cease purchasing mortgages on Property Assisted Clean Energy (PACE) encumbered properties could not be challenged.  ...
 
The ALTA has reported that on March 1, the National Association of Insurance Commissioners (NAIC) formally adopted its 2013 committee charges during a joint call of the Executive Committee/Plenary. ... 
 
The California State Board of Equalization (BOE) has been contacted by CAL FIRE with a request to postpone fire prevention fee billings for Fiscal Year 2012-13.  The BOE is working closely with ...
 
The CFPB released new national servicing standards that become effective in January 2014. The staff of the California Senate has summarized the new standards and created a chart comparing the new servicing standards ...
 
By Yesenia Garcia Perez, Foley & Lardner LLP (March 14, 2013)
The Consumer Financial Protection Bureau’s ("CFPB") Escrow Requirements under the Truth in Lending Act rule ("Escrows Rule") will go into effect ...
 
Naylor, LLC
COURT CASES
Hagman v. Meher Mount Corporation (B239014) 
A nonprofit religious organization's status as a "public benefit corporation" does not make it a "public entity" immune from adverse possession under Civil Code section 1007.  ...
 
Intengan v. BAC Home Loans Servicing (A135782) 
1.  Plaintiff stated a cause of action sufficient to overcome a demurrer where plaintiff alleged that defendant did not contact her to explore options to ...
 
West v. JPMorgan Chase Bank (G046516)
When a borrower complies with the terms of a "trial period plan" under the Home Affordable Mortgage Program, and the borrower's representations remain true and correct, the loan servicer must offer the borrower ...
 
Scott v. JPMorgan Chase Bank (A132741)
Plaintiff asserted that he had been fraudulently induced to enter into a subprime loan with the original lender, First Magnus Financial Corporation, and that consequently ...
 
 

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