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Wendel, Rosen, Black & Dean LLP
CLTA eNews - May 2017 In This Issue
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile SoftPro
SACRAMENTO REPORT
Senate Bill 50 (Allen) would restrict conveyances of federal public lands by declaring conveyances from the Federal Government void ab initio unless the State Lands Commission is provided ...
 
California requires admitted insurers with premiums of $100,000,000 or more to periodically submit reports to the Insurance Commissioner on its ...
 
There are over 100 bills in the California Legislature this year to address housing affordability.  The CLTA has been actively working on Senate Bill 2, that would significantly raise recording fees to ...
 
Senate Bill 33 (Dodd) originally prohibited arbitration agreements for claims involving fraud, identity theft, and wrongful use of personal identifying information. The bill  ...
 
In one of the most crucial months for collections, California revenues of $15.98 billion for April fell short of projections in the...
 
Data Trace Union Bank
INDUSTRY NEWS
The FBI’s Internet Crime Complaint Center reported that fraudsters sought to steal $5.3 billion using compromised business emails from October 2013 through December. The CLTA previously issued...
 
The CLTA has been at the forefront of seeking consumer protections for Californians obtaining PACE financing and encouraging protections at the federal level. Recently, ALTA and more than two dozen other ...
 
For the first time in a decade, the Federal Housing Finance Agency announced an increase in conforming loan limits for Fannie Mae and Freddie Mac. The new limit nationwide is ...
 
Old Republic Title, Stewart, First American, Fidelity Announce First Quarter Results ...
 
California saw a 6.8% increase in title premiums in 2016. According to the ALTA, California ranked number 2 in title premiums behind Texas. Of the top 10 ...
 
CoreLogic reports that the Los Angeles-Long Beach-Anaheim Core Based Statistical Area is ranked 9th in its fraud risk index, with a 9% increase in the index in Q1 2017. The Mortgage Fraud Risk Index is calculated from the aggregation of ...
 
Petru Corporation First American SMS RynohLive
COURT CASES
Hinrichs v. Melton:  The court affirmed the trial court's judgment providing access to plaintiff's landlocked parcel of property, holding that
 
Marina Pacifica Homeowners Association v. Southern California Financial Corp.:  An "Assignment Fee" set forth in unrecorded condominium leases and certain other recorded documents, requiring payment of a monthly fee to the original developers ...
 
Berman v. HSBC Bank:  The court held that plaintiff stated a cause of action under Civil Code Section 2924.12 to enjoin a trustee's sale. Under that section ...
 
Nautilus, Inc. v. Yang:  Nautilus, Inc. obtained a judgment against Stanley Kuo Hua Yang, and recorded an abstract of judgment against real property on which ...
 
 

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