California Land Title Association eNewsCalifornia Land Title Association.CAPITOL REPORT
Insurance Privacy Legislation Seeks to Layer Additional Privacy Obligations on Title Insurers (SB 354); Public Records Could Become Private (AB 1337).
Visit https://www.clta.org/news/701684/Privacy-Initiatives-a-Legislative-Focus-for-the-CLTA.htm to view the full article online. California Attorney General Rob Bonta announced an agreement of formal collaboration between seven states and the California Privacy Protection Agency (CPPA) to promote collaboration and information sharing in the ...
Visit https://www.clta.org/news/701682/California-Attorney-General-Collaborates-on-Privacy.htm to view the full article online. Statewide Increase in Recording Fees (AB 1430); Statewide Recorder Notification Program (SB 255)
Visit https://www.clta.org/news/701686/Recording-Fees-Increase-Under-Two-Different-Bills.htm to view the full article online. Loans Become Unenforceable if “Abandoned” - Senate Bill 681 (Wahab) deems a loan abandoned and unenforceable by means of a judicial or non-judicial foreclosure any time the mortgage servicer fails to provide a transfer of ...
Visit https://www.clta.org/news/701685/Foreclosure-Limitations-Return-Again.htm to view the full article online. Governor Newsom’s reorganization plan was introduced on May 6. The Governor has the power to reorganize the executive branch by submitting a plan to the Legislature, which becomes effective after 60 calendar days unless each house ...
Visit https://www.clta.org/news/701687/Governor-Introduces-Reorganization-Plan-with-a-New-Housing-and-Homelessness-Agency.htm to view the full article online. Assembly Speaker Rivas has announced several new select committees, including the new Select Committee on Housing Finance and Affordability. “Housing costs are strangling the promise of the California Dream for many families now and...
Visit https://www.clta.org/news/701681/Speaker-Robert-Rivas-Announces-New-Assembly-Actions-Targeting-Housing-Affordability.htm to view the full article online. INDUSTRY NEWS
The Department of Insurance issued a Bulletin reminding “all title insurers, underwritten title companies, and controlled escrow companies of the California Insurance Code’s title insurance filing requirements set forth in ...
Visit https://www.clta.org/news/701688/DOI-Issues-Bulletin-re-Compliance-with-Title-Insurance-Filing-Requirements.htm to view the full article online. LodeStar Software Solutions, a leading provider of nationwide mortgage closing cost data, released its first refinance mortgage closing cost data report, which showed that the national average total closing costs for a ...
Visit https://www.clta.org/news/701689/California--Lowest-Refinance-Closing-Costs.htm to view the full article online. Fannie Mae issued an update to its Multifamily Selling and Servicing Guide that modified title and closing requirements for multifamily mortgages that went into effect for loan applications received on or after May 8. ...
Visit https://www.clta.org/news/701690/Fannie-Mae-Joins-Freddie-Mac-to-Limit-Title-Agent-Funding-for-Multifamily-Housing.htm to view the full article online. Last Thursday Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.81%. The survey is focused on conventional, conforming, fully amortizing ...
Visit https://www.clta.org/news/701691/Mortgage-Rates-Stay-Below-7-for-Prime-Borrowers.htm to view the full article online. |