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Wendel Rosen LLP
CLTA eNews - January 2020 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Black Knight Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
We regret to inform CLTA members that Roy Joseph Frank, formerly with Stewart Title Guaranty, passed away on Friday, December 27th, 2019. Roy was the CLTA President from 1991 – 1992. He also served on the CLTA Board for several decades and was involved in many efforts within the association to benefit the title industry and consumers. ...
 
The California Land Title Association’s 113th Annual Convention will be held April 26-28, 2020 at the Park Hyatt Aviara Resort & Spa in Carlsbad, California, and we are excited to invite your organization to become a valued sponsor of California's premiere title industry event. ...
 
The U.S. Supreme Court is being asked in the case of Deo v. California to decide whether a court, in a criminal proceeding, can declare a deed void ab initio after a summary hearing. The CLTA ...
 
Register Now for CLTA's upcoming live webinar. Fraud – What Was Old is New Again, a 60-minute live webinar delivered right to your desktop. The webinar is scheduled for Thursday, March 19, 2020 from 10am-11am. Participants requesting MCLE or PD will receive 1.0 CE credit for participating in the webinar. ...
 
Order CLTA's Recorded webinar today. New Laws/New Cases 2019, a 75-minute recorded webinar delivered right to your desktop. The webinar was recorded on January 7, 2020. Participants requesting MCLE or PD will receive 1.25 CE credit for viewing this webinar recording...
 
SACRAMENTO REPORT
Effective January 1, 2020, housing discrimination against veterans is explicitly prohibited under Senate Bill 222 (Chapter 601). The law requires recorders, title companies and real estate brokers and agents to change ...
 
Assembly Bill 1905 (Chiu) would reduce, for the purpose of tax deductions, the maximum amount of acquisition indebtedness eligible for the deduction. The current limits are $1,000,000, or $500,000 in the case of ...
 
Senate Bill 50 (Wiener), a landmark attempt at comprehensive housing reform, now in its third year (considering its predecessor SB 827), was recently amended. The bill seeks to override local zoning that ...
 
Last year the Legislature passed Senate Bill 778 to amend a law requiring companies with five or more employees to provide at least two hours of sexual harassment training to supervisory employees and ...
 
Assemblymember Gonzalez, author of the controversial independent contractor bill AB 5, has introduced Assembly Bill 1850 declaring the intent of the Legislature to further clarify the law. What exactly the ...
 
Assembly Bill 1907 has been introduced to exempt certain emergency shelters, supportive housing and affordable housing from the California Environmental Quality Act. The affordable housing ...
 
Governor Newsom, in his proposed fiscal 2020-2021 budget, plans to rename the California Department of Business Oversight to the Department of Financial Protection and Innovation (DFPI). Under the ...
 
Data Trace Union Bank
INDUSTRY NEWS
The CEA webinar on the FTB Withholding Changes was recorded on December 9 and is now available to order. Beginning 1/1/20, the FTB will now require all title escrow professionals to REPORT ALL SALES ...
 
FinCEN recently published guidance to help banks and title companies serve the needs of hemp producers. Four federal banking agencies and state bank regulators issued requirements under ...
 
The Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the week ending January 10, 2020 showed an increase of 30.2 percent on a seasonally adjusted basis from one ...
 
California title premiums were up 12.9% in the third quarter of 2019 over the third quarter of 2018. Total premiums were $494,162,696 in the third quarter of 2019 compared to $437,859,215 in the third ...
 
Petru Corporation
SoftPro
COURT CASES
McDermott Ranch v. Connolly Ranch (C085433). The court affirmed the judgment quieting title in defendant based on the agreed boundary doctrine. The court held that testimony of the son as to what his...
 
Taniguchi v. Restoration Homes (A152827). The court held that after a loan modification, in order to cure the default and reinstate the loan under Civil Code Section 2924c, the borrowers do not have to ...
 
 

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