California Land Title Association eNews

California Land Title Association.

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Garrett & Tully, A Professional Corporation
CLTA NEWS
The CLTA is pleased to welcome two new title companies as Regular Members of the association, as approved by the CLTA Board of Governors on April 19, 2015 ...
 
The CLTA recently filed the new ALTA Residential Limited Coverage Mortgage Modification Policy and three new endorsements. The policy is a standardized policy used by institutional loan services in connection with ...
 
Consider how a title company operated in 1960. A transaction began with a phone call from a local real estate agent. The escrow or title officer who received the call almost certainly knew the agent personally. The agent ...
 
Data Trace
Union Bank
SACRAMENTO REPORT
Assembly Bill 259 (Dababneh) would require government agencies to offer theft prevention and mitigation services to individuals if certain personal information was breached and the government agency was the source of the breach.  ...
 
Senate Bill 588 (de Leon) is currently a "spot bill" (placeholder bill into which substantive language will be inserted) that will soon be amended to permit a worker who has not been paid his or her wages to file a lien against ...
 
INDUSTRY NEWS
Despite numerous objections, the Consumer Financial Protection Bureau is moving forward with its plan for opening its consumer complaint database to the public. When a consumer submits a complaint to the CFPB, they will now ...
 
The Consumer Financial Protection Bureau (CFPB) released its latest supervision report highlighting legal violations uncovered by the Bureau’s examiners. The Bureau found mortgage origination violations and ...
 
The CFPB Supervision and Examination Manual (Manual) describes how the CFPB supervises and examines real estate service providers and gives examiners direction on how to determine if companies are complying with ...
 
The title insurance industry generated $11.3 billion in title insurance premiums in 2014, according to ALTA's 2014 Year-end and Fourth-Quarter Market Share Analysis . Premium volume was down 10.9 percent when compared to ...