Member Directory | Become a Member | Join our Mailing List | Contact Us
 
 
Wendel, Rosen, Black & Dean LLP
CLTA eNews - November 2018 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
CLTA, in conjunction with CEA, is pleased to offer: By the Numbers...A Real Estate and Economic Outlook, a 1.0-hour live webinar delivered to your desktop on Tuesday, December 11, 2018 from 10:00am - 11:00am PST. Participants requesting MCLE or PD will receive 1.0 CE credit.
 
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.
 
The CLTA, in its capacity as an advisory organization under the Insurance Code, files forms with the California Department of Insurance. ...
 
SACRAMENTO REPORT
California Governor Jerry Brown recently signed a slew of employment-related bills into law, many of which will take effect on January 1, 2019. These laws will have an immediate impact on the workplace and will require employers in the Golden State to revamp existing practices and procedures.  What is readily apparent is that the #MeToo movement provided the impetus for ...
 
A CLTA News Express (November 5, 2018).  A United States federal court ruled as unconstitutional a 2017 state law that sought to grant the California State Land Commission a right of first refusal on the transfer of federal lands within California. The CLTA had adamantly opposed the measure, SB 50 (Allen), prior to its ...
 
California’s Democrats are no longer one short of a supermajority of 27 senators in the California Senate after winning two targeted seats in the election. Democrats continue to hold on to their supermajority in the State Assembly. Democrats were left ...
 
Although votes remain to be counted, it appears that California’s new Insurance Commissioner is Ricardo Lara, currently a Democratic State Senator from Southeast Los Angeles. Senator Lara has a lead of 51.5% of the votes over ...
 
In October the state sales tax was the only major revenue source to come in higher than projected in the enacted budget. Personal income tax (PIT) and corporation tax –– the two other revenue sources in the "big three" –– were lower than assumed in the enacted budget. Yet, four months into FY 2018-19, revenues ...
 
Data Trace Union Bank
INDUSTRY NEWS
The California Land Title Association is taking part in a large and diverse coalition of businesses, ranging from wineries and movie studios to retail stores and hospitals, that have come together to propose amendments to improve the workability of the California Consumer Privacy Act (CCPA). The CLTA is concerned that ...
 
A CLTA News Express (November 16, 2018).  On November 15th the Financial Crimes Enforcement Network (FinCEN) announced the issuance of revised Geographic Targeting Orders (GTOs). The GTOS require that U.S. title insurance companies identify the individual representing the Legal Entity purchaser as well as ...
 
Intercontinental Exchange Inc. ICE, an operator of global exchanges and clearing houses and provider of data and listings services, announced it has acquired the remaining equity ...
 
The ALTA Board of Governors approved a recommendation to revise the ALTA Closing Protection Letters (CPLs) and adopt four new endorsements during a meeting on Oct. 10. The subject forms are currently posted for industry comment and are subject to ...
 
The Los Angeles County District Attorney’s Office announced four people have been charged with running a sophisticated real estate scheme that resulted in the theft of more than $1.4 million. ...
 
Fraudsters increasingly are initiating wire fraud scams by targeting the industry practice of emailing or faxing payoff requests to title and escrow companies, according to a new white paper from CertifID. As a result ...
 
he four largest underwriting groups reported total third quarter profits from their title businesses were a combined $619.2 million. Stewart, Old Republic, First American and Fidelity all reported pre-tax income that exceeded results from the same period ...
 
A massive Palm Beach estate has listed for $135 million according to the Wall Street Journal. A sale at that price would make it the most expensive home to sell in Palm Beach ...
 
The latest Freddie Mac Primary Mortgage Market Survey (PMMS) shows that mortgage rates held steady after recent increases. Sam Khater, Freddie Mac’s chief economist attributed the stability to the moderation in ...
 
ALTA announced the winners of the Title Webbies, an awards program recognizing member companies that have created or redesigned the best title industry consumer-facing website or page within the past year. ...
 
According to data from Attom Data Solutions, U.S. homeowners are staying put longer. The average length of ownership nationwide for homes sold in the third quarter was 8.23 years. According to Attom, that is almost twice ...
 
Petru Corporation
COURT CASES
Bear Creek Master Association v. Southern California Investors (E066588).  The court held that a homeowner's association assessment lien is not created or perfected until it records, and does not relate back to the recordation of the CC&R's. However, plaintiff's HOA lien was prior to a subsequently recorded ...
 
 

Advertise

We would appreciate your comments or suggestions.
Your email will be kept private and confidential.