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Wendel, Rosen, Black & Dean LLP
CLTA eNews - April 2017 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
Simplifile SoftPro
CLTA NEWS
Early Bird Registration Available through April 19, 2017 --- REGISTER NOW!  The California Land Title Association's 110th Annual Convention is just around the corner. This is a don't miss industry event! Registration is now available. ...
 
CLTA is pleased to offer the recorded webinar: Recognizing and Preventing Common Fraud Claims, a 1.5-hour webinar recorded on March 23, 2017.  Available for 1.5 CE credit for participating in the webinar.  ...
 
SACRAMENTO REPORT
Assembly Bill 794 (Gallagher) requires recorders to correct an indexing mistake within 10 days, if the recorder receives a request within 30 days of the original indexing. AB 794 also proposes to eliminate the liability of ...
 
Senate Bill 812 (Senate Committee on Governance and Finance) would prohibit the current owner of tax-defaulted property subject to a tax sale from purchasing that property below the minimum price set to ...
 
Property Assessed Clean Energy (PACE) financing has finally attracted the attention of Congress. Senator Tom Cotton (R., Ark.) has introduced legislation to subject PACE to more traditional mortgage lending ...
 
The California Coastal Act of 1976 generally requires the permitting of revetments, breakwaters, groins, harbor channels, seawalls, cliff retaining walls, and other such construction. Current law also provides ...
 
Senate Bill 564 (McGuire), also known as the Water Bill Savings Act, looks to build upon the precedent set by PACE financing and authorizes a joint powers authority to provide funding for a customer of a public ...
 
Senate Bill 442 (Newman) would require that when a building permit is issued, that the pool or spa be equipped with at least 2 of 7 specified drowning prevention safety features. In addition, it requires that a ...
 
Current law authorizes a trustee in a foreclosure to deduct certain charges and expense for the fees of the trustee not to exceed $425 or 1 percent of the unpaid sum secured, whichever is greater. Those fees ...
 
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INDUSTRY NEWS
Last year, ALTA created an Information Security Committee to develop cyber awareness, prevention, detection and response/recovery methods for the industry. The committee is producing a quarterly ...
 
The BOE published a letter to county assessors that the PACE financing is similar to assessing the value of public  improvements financed by bonds under the 1911 Act, whereby the assessor has the burden of ...
 
According to Redfin.com, Northern California was home to three of the top five real estate markets in the nation in terms of median time on the market before a pending sale in February. Oakland was the second ...
 
The Mortgage Bankers Association's (MBA) reported last week that mortgage applications rose 1.5% from the week earlier while the Refinance Index remained unchanged from the previous week. The ...
 
As the CLTA reported last June, the NAIC Cybersecurity Task Force received feedback from interested parties, including the title industry, on the draft "Insurance Data Security Model Law." The recent NAIC ...
 
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