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Wendel, Rosen, Black & Dean LLP
CLTA eNews - December 2018 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Simplifile Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
The California Land Title Association’s 112th Annual Convention will be held April 7-9, 2019 at the Meritage Resort & Spa in Napa, California, and we are excited to invite your organization to become a valued sponsor of California's premiere title industry event. ...
 
CLTA is pleased to offer:  New Laws/New Cases 2018, a 1.25-hour live webinar delivered to your desktop on Tuesday, January 15, 2019 from 10:00am - 11:15am. Participants requesting MCLE or PD will receive 1.25 CE credit for participating in the webinar...Register Now!
 
The CLTA is pleased to welcome a new title company as Regular member of the association, as approved by the CLTA Board of Governors on November 8, 2018. ClearMark Title Company, which is headquartered...
 
SACRAMENTO REPORT
A coalition of consumer groups has sent a letter to California’s legislators urging them to add a broadened consumer enforcement remedy to the new California Consumer Privacy Act. The coalition also urged strengthening the resources of the Attorney General and addressing...
 
Although the new two-year legislative session started in December, the real action won’t take place until January when the session begins in earnest. Already, legislation to revive redevelopment agencies has been introduced by Assemblymember David Chiu, and Senators Beall and McGuire have announced ...
 
Earlier this year Governor Brown signed Senate Bill 826 (Jackson) to modify representation requirements of boards of directors. Senate Bill 826 requires publicly traded corporations headquartered in California "to have a minimum of one female" on their  ...
 
Data Trace Union Bank
INDUSTRY NEWS
News Express:  Bulletin 2018/19-39 | December 7, 2018.
In a press release issued yesterday by its parent company Lennar Corporation, North American Title Group announced that "it plans to combine its underwriter and the majority of its retail title business with States Title, Inc." ...
 
JPMorgan Chase Bank is set to face a lawsuit alleging that it did not pay interest on mortgage escrow accounts in violation of California law, according to a report by Reuters. ...
 
The Home Affordable Refinancing Program (HARP) is set to expire at the end of 2018. The program was established after the housing crisis to encourage refinancing when a borrower remained current on a mortgage originated prior to May 31, 2009 with an LTV ratio exceeding ...
 
The Federal Housing Finance Agency (FHFA) announced the 2019 maximum conforming loan limits for mortgages to be acquired by Fannie Mae and Freddie Mac. In most of the U.S., the 2019 maximum conforming loan limit for one-unit properties ...
 
Freddie Mac reported last week that mortgage rates dropped after several weeks of moderating. Yet, rates remain significantly higher than the same period a year ago. Sam Khater, Freddie Mac’s chief economist, stated that the 30-year fixed ...
 
Petru Corporation
COURT CASES
Zissler v. Saville (B286043).  Defendant attempted to restrict plaintiff's use of an easement for "access, ingress and egress to vehicles and pedestrians" to its historical use of occasional access to maintain ...
 
Durante v. County of Santa Clara (H041620).  Plaintiff and her sister each owned a 50% interest in residential property they inherited from their mother. Plaintiff's sister conveyed a life estate ...
 
Schmidt v. Citibank (D072993). Former Civil Code Section 2923.55(b)(2) was part of the Homeowners' Bill of Rights, requiring a lender to ...
 
SoftPro
 

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