Member Directory | Become a Member | Join our Mailing List | Contact Us
 
 
Wendel, Rosen, Black & Dean LLP
CLTA eNews - March 2019 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
During this year’s Convention, on April 8, 2019, CLTA will hold its 10th Annual CLTA-PAC Silent Auction benefiting the CLTA-PAC.  A don't miss event, donate now! ...
 
SACRAMENTO REPORT
Consumers would be able to file class actions for a violation of any provision of the California Consumer Privacy Act under Senate Bill 561 (Jackson), rather than ...
 
The California Online Notary Act of 2019 (AB 199 – Calderon) would allow the Secretary of State to appoint online notaries and establish rules to implement the act on or before January 1, 2022. The bill would authorize an ...
 
Existing law dissolved redevelopment agencies as of February 1, 2012 and designates successor agencies to act as successor entities to the dissolved redevelopment agencies. The Community Redevelopment Law of 2019 ...
 
Senate Bill 306 (Morrell) authorizes a trustee under a deed of trust to resign at that trustee’s own election as an alternative to being replaced by the beneficiary or by ...
 
Existing law authorizes a county recorder to assess a fee of $1 for each document to defray the cost of converting the county recorder’s document storage system to micrographics. Assembly Bill 212 (Bonta) allows the fee to ...
 
Assembly Bill 1106 (Smith) deletes the expiration date for LA County recording fees that fund notices to owners that deeds or deeds of trust were recorded and funds ...
 
Assembly Bill 1416 (Cooley) amends the California Consumer Privacy Act of 2018, scheduled to take effect next year. AB 1416 provides that the Consumer Privacy Act does not ...
 
Assembly Bill 51 (Gonzalez) prohibits arbitration of labor and employment claims as a condition of employment. Former Governor Brown vetoed identical legislation when he was in ...
 
Although legislative efforts to tax services have failed to gain traction in the past, Senate Bill 522 (Hertzberg) seeks to revisit the issue. At this point the bill is ...
 
Data Trace Union Bank
INDUSTRY NEWS
The Mortgage Industry’s Standards Maintenance Organization (MISMO) has published for comments new standards for remote online notarizations (RON). The comment period on the standards lasts until ...
 
The Consumer Financial Protection Bureau announced that it is seeking public comments on proposed rules that would treat Property Assessed Clean Energy (PACE) financing much like mortgage loans. The CLTA has been very active promoting ...
 
The Securities Industry and Financial Markets Association voted to support a single mortgage-backed bond by Fannie and Freddie expected to be issued in June. The new single ...
 
California listed home prices rose 85.4% between January 2012 and January 2019 according to the Wall Street Journal. The median home price in California was $519,000 compared to ...
 
According to CoreLogic, properties in foreclosures recently hit their lowest rate since January 2000. Equity increases, such as those witnesses in California, have reduced the odds that a property will end up in ...
 
Freddie Mac’s Primary Mortgage Market Survey released last week show that the 30-year fixed-rate mortgage dropped 10 basis points to 4.31 percent. ...
 
UCLA Anderson Forecast has revised housing starts downward in 2019 and 2020, with a recovery in building beginning in 2021. UCLA Anderson Forecast director ...
 
Petru Corporation
COURT CASES
City of Sierra Madre v. SunTrust Mortgage (B284550).  The court held that the trial court properly authorized a receiver to borrow $250,000 in exchange for a receiver's certificate in the amount of the loan with first priority ...
 
Citrus El Dorado v. Chicago Title Company (E067938).  The court upheld the trial court's order sustaining a demurrer in favor of Chicago Title Company, which acted as trustee in conducting a ...
 
 

Advertise

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