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June 2024
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In This Issue |
CLTA NEWS
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CAPITOL REPORT
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INDUSTRY NEWS
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COURT CASES
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CLTA has updated its California Anti-Rebate Law Training Manual, a generalized informational template intended to provide CLTA members with readily accessible material on the requirements of ...
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Assembly Bill 2980 (Low) originally would have permitted county recorders to cross-reference real property documents on a blockchain ledger. The bill has since been amended to ...
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Assembly Bill 3100 (Low) would permit an assumption of a home loan by a existing borrower. This bill requires that a conventional home mortgage loan originated on or after ...
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Assembly Bill 491 (Wallis) allows a local agency to adopt an ordinance establishing a procedure to collect certain administrative fines or penalties imposed by lien upon the ...
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The Newsom administration released a draft of a proposal relating to streamlining the rate filing approvals for Prop. 103 insurers in response to the insurance crisis affecting the...
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Assembly Bill 1950 creates a task force to study how to compensate the former residents of the Chavez Ravine area of the City of Los Angeles who were forcibly displaced by ...
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In 2020, pursuant to the passage of state legislation in the form of AB 3121 (Weber), California established a Task Force to “identify, compile, and synthesize the documentary record on a range of ...
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The CLTA received a letter from the Department of Insurance on the use of “foreclosure lists” in title marketing practices. This letter is also available on the ...
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Fraud and forgery claims represent 21% of the total dollars spent by title insurers on claims expense and losses, with an average claim cost of over $143,000, according to a new ...
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The title insurance industry generated $3.35 billion in title insurance premiums during the first quarter of 2024 compared to $3.37 billion during the same period a year ago, according to ...
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Last week, Freddie Mac’s Primary Mortgage Market Survey® (PMMS®), showed the 30-year fixed-rate mortgage (FRM) averaged 6.95 percent. ...
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CoreLogic®, a leading global property information, analytics and data-enabled solutions provider, has released the Homeowner Equity Report (HER) for the first quarter of 2024. The report shows ...
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Prang v. Los Angeles County Assessment Appeals Board (S266590). The court held that the transfer of the properties from a corporation to a trust resulted in a change in ownership for ...
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