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CLTA eNews - July 2016 In This Issue
MESSAGE FROM THE PRESIDENT
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile SoftPro
MESSAGE FROM THE PRESIDENT
I am extremely honored and proud to accept this year’s appointment as President of the CLTA. I would like to thank Ed Lorette for his outstanding leadership over the past year. ...
 
CLTA NEWS
Mark your Calendar for CLTA’s next live webinar: The Basics of Bankruptcy delivered directly to your desktop on Thursday, September 22, 2016 from 10:00am – 11:30am.
 
SACRAMENTO REPORT
Assembly Bill 2263 (Baker) modifies the "Safe at Home' address confidentiality program by standardizing the confidentiality protections for participants. Under the current program ...
 
As reported by CLTA in February 2016, the "No Place Like Home" initiative was introduced earlier this year in an effort to assist local communities in preventing and addressing homelessness. The proposal ...
 
Assembly Bill 2880 (Comm. on Judiciary) would have made all works created by public entities eligible for intellectual property protections, thereby potentially restricting access and copying rights of the public. The intellectual property restrictions ...
 
Data Trace Union Bank
INDUSTRY NEWS
The Consumer Financial Protection Bureau (CFPB) proposed to implement recent Congressional legislation that allows financial institutions that meet certain requirements to be exempt from sending annual privacy notices to their customers.   When the Gramm-Leach-Bliley Act (GLBA) was passed ...
 
ALTA’s Board of Governors approved proposed changes to the "Title Insurance and Settlement Company Best Practices". The Best Practices changes are under a public comment period until July 29. Comments will be carefully considered ...
 
The Brexit bonus to U.S. homeowners is still underway. The sharp drop in mortgage interest rates that saw mortgage application volume surge for the week ending July 1st has continued.   The surge has caused a refinance boom. The Mortgage Bankers Association reported ...
 
Insurance Commissioner Dave Jones announced his appointment of Joel Laucher as Chief Deputy to fill the vacancy created by the retirement of Nettie Hoge. Mr. Laucher was the deputy commissioner of rate regulation ...
 
The National Association of Secretary’s of State has announced the formation of the NASS Remote Notarization Task Force. The task force is dedicated to promoting a greater understanding of the issues and policies surrounding the adoption of remote/video notarizations. The evolution ..
 
Airbnb filed a federal lawsuit to enjoin amendments to San Francisco’s "Airbnb Law." San Francisco’s amendments prohibit an individual from listing their unit for rent with an internet housing agent without the hosting platform first contacting the ...
 
Those of us involved in title insurance are not often given reason to pause and consider the assignability of insurance policies. Indeed, unlike other forms of insurance, assignment of a title policy is fairly cut and dry. If the policy at issue is a mortgage policy, the answer is simple ...
 
Petru Corporation Hershorin & Henry LLP Adeptive Software
COURT CASES
A judgment creditor obtained a judgment against a judgment debtor (individually and as trustee of the debtor's trust), but did not levy on the debtor's property until after the debtor died. A third party claimant to the property filed a third party claim ...
 
In the previous appeal in this action, the court remanded the matter with instructions, directing the trial court to quiet title to appellant landowners' overlying rights to native groundwater by declaring that these rights have priority over all appropriators, less the amount that the respondents are entitled to pursuant to their prescriptive rights. In this appeal ...
 
 

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