CLTA eNews - August 2013 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
CALENDAR OF EVENTS
Simplifile Garrett & Tully, A Professional Corporation
CLTA NEWS
Please join us April 27-29, 2014 for CLTA's 107th Annual Convention at the beautiful Hotel Del Coronado.  You don't want to miss this retreat...Mark Your Calendar!
 
The CLTA takes your education seriously.  The CLTA Education Committee has partnered with industry experts to bring you webinars on today's top issues...
 
News Express:  Bulletin 13/14-16 | August 13, 2013
CLTA, together with CEA, is pleased to offer a 1.5-hour recorded webinar  delivered to your desktop anytime. ...
 
The CLTA is pleased to welcome a new title company as Regular member of the association, as approved by the CLTA Board of Governors on August 1, 2013. NexTitle, a Title and Escrow Company, operates in nine counties in Southern California and is headquartered in Newport Beach, CA. 
 
Counsel for the CLTA filed a letter with the California Supreme Court opposing a Petition for Review in the case of Liberty v. Chicago Title. In the Liberty case ...
 
SACRAMENTO REPORT
Senate Bill 391 (DeSaulnier), entitled the California Homes and Jobs Act of 2013, has passed through the Assembly Housing & Community Development and Assembly Labor & Employment Committees on ...
 
A new ballot initiative that could impact the title industry has recently been filed with the Attorney General. The recommended title submitted by the proponents is the Personal Privacy Protection Act. The Act would add ...
 
The California legislative two-thirds supermajority that Democrats gained in last year’s elections has been lost, but perhaps only until September. Democrats still have a supermajority in the Senate, although ...
 
Data Trace Union Bank
INDUSTRY NEWS
The Insurance Commissioner proposed new regulations governing insurers, entitled "Hazardous Financial Conditions; Corrective Actions."  The proposed regulations ...
 
News Express:  Bulletin 13/14-15 | August 8, 2013
The California Supreme Court has just handed down a decision holding that whenever a plaintiff alleges conduct that violates Section 790.03 of the Unfair Insurance Practices Act (UIPA), that conduct ...
 
HUD has issued a new mortgagee letter, Mortgagee Letter 2013-23, updating pre-foreclosure sale and deed-in-lieu foreclosure requirements for FHA mortgagees. The letter details ...
 
News Express:  Bulletin 13/14-5 | August 5, 2013
The Department of Justice (DOJ) has made minor technical amendments to its proposed Electronic Recording Delivery System (ERDS) regulations, specifically ...
 
The City of Richmond sent letters to lenders offering to buy mortgages at discounts and suggesting the city might use eminent domain if the lenders refuse to sell. A private firm ...
 
News Express:  Bulletin 13/14-14 | August 7, 2013
As President of the CLTA, I am excited to announce that the CLTA Board of Governors has agreed to have the California Land Title Association endorse the ALTA's "Title Action Network" (TAN) within California to improve ...
 
Naylor, LLC
COURT CASES
Glaski v. Bank of America  (F064556)
A borrower may challenge a securitized trust's chain of ownership of a deed of trust by alleging that the attempts to transfer the deed of trust to the trust ...
 
Citizens Business Bank v. Gevorgian (B239747)
A seller's agreement to subordinate its security interest to that of a bank is unenforceable where the developer and the bank entered into a letter of ...
 
Zhang v. Superior Court (S178542)
Fraudulent conduct by an insurer does not give rise to a private right of action under the Unfair Insurance Practices Act (Insurance Code section 790.03 ...
 
Trapp v. Naiman (E054908)
Plaintiffs brought this action against financial institutions and their lawyers based on a trustee's sale and subsequent unlawful detainer action. The court ...
 
Coker v. JP Morgan Chase Bank (D061720)
A lender under a purchase money loan on a residence sought to recover the balance due on the loan after the lender and borrower agreed to a short sale ...
 
Bank of America v. Roberts (F064109)
Plaintiff held a loan secured by a second deed of trust on defendant's residence. The parties entered into a short sale agreement, which provided ...
 
CALENDAR OF EVENTS
Property Records Education Partners (PREP) is holding its 3rd annual Southern California Chapter conference Wednesday, September 11, 2013 in Orange County at the First American campus, located at 5 First American Way, Santa Ana, California 92707, from 8:30 a.m. to 12:30 p.m., with check-ins starting at 8:00 a.m
 
 

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