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Wendel, Rosen, Black & Dean LLP
CLTA eNews - October 2018 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
CLTA is pleased to offer:  Fraud in the Real Estate Industry, My How it Has Changed, a 1.0-hour recorded webinar delivered directly to your desktop. Participants requesting MCLE or PD will receive 1.00 CE credit for participating in the webinar.  ...
 
The CLTA is looking forward to welcoming you to the 112th Annual Convention at the Meritage Resort in beautiful Napa Valley, California.  Mark your calendar for April 7-9, 2019.  Your support of the title industry is sincerely appreciated by all CLTA members.
 
SACRAMENTO REPORT
State Controller Betty T. Yee announced last month that applications for property tax deferment for the 2018-19 tax year were available, but that funding for PTP is limited, and applications ...
 
Democrats had a super-majority in the State Senate earlier this year before a recall election cost Senator Josh Newman his Senate seat. A super-majority is important because ...
 
Governor Brown signed two blockchain bills into law. The first, AB 2658 (Chapter 875), requires the state Secretary of the Government Operations Agency to appoint a blockchain working group to report to the Legislature on the potential ...
 
Data Trace Union Bank
INDUSTRY NEWS
Zillow reports that only 197 cities of more than 10,000 analyzed have a median home value of $1 million or more but more are on the way, especially in California. A year ago ...
 
During the first half of 2018, commercial real estate sales volume was 3 percent higher than a year earlier, led by increases in multifamily (up 8 percent to $70 billion) and industrial (up 26 percent to $39 billion) properties ...
 
The Property Records Industry Association released a draft of its Electronic Records Preservation whitepaper. The paper was released Sept. 19 for a 30-day comment period.  The paper begins ...
 
In the wake of the last year’s Equifax mega-breach of nearly 148 million personal records, Congress passed a law that requires the credit bureaus to offer this important fraud protection free of charge. Now, a person can freeze ...
 
The Annual Conference of the County Recorders Association of California (CRAC) featured two title industry speakers on the title and settlement perspective on digital and digitized recording and eNotarization.  Paul Flores, Fidelity National Title Group and Mickey Vandenberg, Williston Financial Group, spoke at the CRAC conference on ...
 
Petru Corporation First American SMS
COURT CASES
California Court of Appeal Limits Lender's Right to Recover Attorney's Fees after Successfully Defending Against Borrower's Lawsuit Changing Foreclosure | by T. Robert Finlay, Esq. of Wright, Finlay & Zak, LLP.
 
Pacificare Life and Health Insurance Company v. Jones (G053914).  The court held that: Insurance Code Section 790.03(h) defines an unfair claims settlement practice to be either an insurer's single knowing commission of the described conduct ...
 
Hart v. Clear Recon Corp. (B283221).  The lender prevailed in this wrongful foreclosure action, but was not entitled to an award of attorney's fees. The attorney's fee clause in the deed of trust provided that ...
 
Kushesh v. Kushesh-Kaviani (G054936).  The court held that an interspousal transfer grant deed to the wife as her sole and separate property met the requirements for a transmutation of the character of marital property under
 
Chacker v. JP Morgan Chase Bank (B281874).  The lender prevailed in this wrongful foreclosure action, but was not entitled to an award of attorney's fees. The attorney's fee clause in the deed of trust provided that ...
 
Turner v. Seterus, Inc. (C079613).  The court held that tender of the full amount of the debt was not necessary to state a cause of action for wrongful foreclosure where the lender had wrongfully refused a timely tender of the amount necessary to ...
 
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