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Fennemore Wendel
October 2022 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
The CLTA is looking forward to welcoming you to the 116th Annual Convention, April 2-4, 2023, at the beautiful Monterey Plazza Hotel & Spa on famed Cannery Row in Monterey, California. Mark your calendar for April 2-4, 2023, for this don't miss IN-PERSON event! ...
 
CLTA is pleased to release its latest Titlecast, Episode 22 – 2021 Basic Policy Revisions. This 1 hour and 20 minute episode explains the biggest changes made to the ALTA Forms and why these changes were needed ...
 
The CLTA is pleased to welcome a new title company as Regular member of the association, as approved by the CLTA Executive Committee on August 30, 2022. HomeLight Title and Escrow Company, which does business in ...
 
SACRAMENTO REPORT
The California Privacy Protection Agency released an update to its proposed regulations ahead of an upcoming two-day meeting, scheduled to take place on October 21st-22nd. The CPPA Board will use the meeting ...
 
Governor Newsom has signed Senate Bill 1162 (Limón) into law, and it becomes effective January 1, 2023, with some reporting requirements effective May 2023. ...
 
The California Legislature sent almost 1,200 bills to Governor Newsom’s desk before both the State Assembly and Senate adjourned sine die on August 31, after which the Governor had 30 days to decide how to act on ...
 
SkySlope
INDUSTRY NEWS
Seyfarth Synopsis: Employers need to be aware and prepare for significant changes to options and rights afforded to employees with respect to their private data and information coming with the California Privacy Rights Act’s (CPRA) January 1, 2023, operative date. Employers will have significant obligations when the grace periods for HR and business to business (B2B) data expire on that date. ...
 
A federal court has unsealed a joint complaint by the California Department of Financial Protection and Innovation (DFPI) and the Federal Trade Commission (FTC) against a recidivist mortgage assistance relief scam. The complaint alleges ...
 
According to ATTOM’s just-released Q3 2022 U.S. Foreclosure Market Report, there were a total of 92,634 U.S. properties with foreclosure filings in the third quarter of this year. That figure is up three percent from the previous quarter and ...
 
The title insurance industry generated $6.21 billion in title insurance premiums during the second quarter of 2022 compared to $6.54 billion during the same period a year ago, according to ALTA’s latest Market Share Analysis. California remained ...
 
Stewart Information Services Corporation has announced the acquisition of FNC Title Services, LLC (FNC), along with the signing of an agreement to acquire FNC Title of California pending approval of ...
 
BMI Imaging Systems announced that it has contracted with the Monterey County Recorder to help it implement its AB1466 Restrictive Covenant Modification Program. In September 2021 ...
 
Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) was released last Thursday and showed the 30-year fixed-rate mortgage (FRM) averaged 6.92 percent. ...
 
Petru Corporation
SoftPro Mainspring Services Qualia
COURT CASES
Honchariw v. FJM Private Mortgage Fund (A163756). The court held that liquidated damages in the form of a penalty assessed during the lifetime of a partially matured note against the entire outstanding loan amount are ...
 
 

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