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Wendel, Rosen, Black & Dean LLP
CLTA eNews - March 2018 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
Simplifile Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
The California Land Title Association’s 111th Annual Convention will be held April 22-24, 2018 at the Ojai Valley Inn & Spa in Ojai, California.  Don't delay...Register Today!  ...
 
CLTA is pleased to offer: Basics Easement & Access Issues, a 1.0-hour live webinar delivered to your desktop on Thursday, May 10, 2018 from 10:00am - 11:00am. Participants requesting MCLE or PD will receive 1.5 CE credit for participating in the webinar. 
 
SACRAMENTO REPORT
The California Land Title Association is sponsoring legislation that it hopes will lead to electronic notarization in California. The goal of the CLTA is for California law to keep pace with technological developments while maintaining effective ...
 
Bulletin 2017/18-76 | March 13, 2018.  AB 110, legislation authored by the Assembly Budget Committee to, among other things, exempt certain entities from fees relating to SB 2, has been signed into law by Governor Brown. As ...
 
Financial and employment burdens on business would increase under two new bills introduced in the Legislature. Senate Bill 1284 (Jackson) requires annual reporting by employers incorporated in California with 100 or more employees ...
 
Senate Bill 993 (Hertzberg) would impose California’s sales tax on services, although with a few exemptions. The exemptions are for health care, child care, education and insurance payments subject to gross premium tax. Escrow services and legal fees ...
 
A program originally enacted to protect the identities of domestic abuse and stalker victims would be expanded under Senate Bill 1320 (Stern) to include victims of elder abuse. The program allows individuals to apply to the Secretary of State ...
 
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INDUSTRY NEWS
Bulletin 2017/18-73 | February 28, 2018.  The IRS has a new verification program that goes beyond the previous requests for name and company TIN. Now, a third party calling on behalf of a taxpayer will need to have more ...
 
The ALTA Short Form Commitment for an ALTA Residential Loan Policy (12-01-17) will replace the current version of the ALTA Short Form Commitment (10-16-08). The current version is ...
 
The House of Representative passed the TRID Improvement Act of 2018 by a voice vote and sent it to the Senate after packaging it with other provisions on credit scoring as part of HR 5078. Despite having been passed in the House ...
 
Bulletin 2017/18-78 | March 19, 2018.  Representatives from the Financial Crimes Enforcement Network (FinCEN) have indicated that the Geographic Tracking Orders (GTOs) originally set to expire tomorrow, 3/20/18, have now been renewed ...
 
Insurance Commissioner Dave Jones on March 2 hosted the first Governing Board Diversity Summit.  The event brought together insurance company CEOs and leadership executives from across the United States and London.  ...
 
Petru Corporation First American SMS
Fidelity National Financial, Inc. announced in a press release Monday morning that it has signed a merger agreement to acquire Stewart Information Services Corporation. The agreement values ...
 
The following event information is being forwarded at the request of the California Recording Education Partners (PREP). ...
 
Last week Freddie Mac released the results of its weekly mortgage market survey, showing the 30-year fixed mortgage rate dropping after nine consecutive weeks of increases. The 30 year fixed rate mortgage averaged 4.44 percent with an average ...
 
There were 28,300 closed escrows on California homes in January of this year, or about the same as in January 2016, according to California real estate news agency first tuesday Journal. The Journal reported  ...
 
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