California Land Title Association eNewsCalifornia Land Title Association.CLTA NEWS
During this year’s Convention, on April 8, 2019, CLTA will hold its 10th Annual CLTA-PAC Silent Auction benefiting the CLTA-PAC. A don't miss event, donate now! ...
Visit https://www.clta.org/news/442240/CLTAs-112th-Annual-Convention-PAC-Silent-Auction-a-dont-miss-event.htm to view the full article online. SACRAMENTO REPORT
Consumers would be able to file class actions for a violation of any provision of the California Consumer Privacy Act under Senate Bill 561 (Jackson), rather than ...
Visit https://www.clta.org/news/442249/Expanded-Remedies-under-California-Consumer-Privacy-Act-of-2018.htm to view the full article online. The California Online Notary Act of 2019 (AB 199 – Calderon) would allow the Secretary of State to appoint online notaries and establish rules to implement the act on or before January 1, 2022. The bill would authorize an ...
Visit https://www.clta.org/news/442242/California-Online-Notary-Act-of-2019.htm to view the full article online. Existing law dissolved redevelopment agencies as of February 1, 2012 and designates successor agencies to act as successor entities to the dissolved redevelopment agencies. The Community Redevelopment Law of 2019 ...
Visit https://www.clta.org/news/442243/Community-Redevelopment-Law-of-2019.htm to view the full article online. Senate Bill 306 (Morrell) authorizes a trustee under a deed of trust to resign at that trustee’s own election as an alternative to being replaced by the beneficiary or by ...
Visit https://www.clta.org/news/442245/Resignation-of-Trustee-Under-Deed-of-Trust.htm to view the full article online. Existing law authorizes a county recorder to assess a fee of $1 for each document to defray the cost of converting the county recorder’s document storage system to micrographics. Assembly Bill 212 (Bonta) allows the fee to ...
Visit https://www.clta.org/news/442244/Recording-Fees-for-Expanded-Archival-Programs.htm to view the full article online. Assembly Bill 1106 (Smith) deletes the expiration date for LA County recording fees that fund notices to owners that deeds or deeds of trust were recorded and funds ...
Visit https://www.clta.org/news/442246/Continued-Los-Angeles-County-Recording-Fees.htm to view the full article online. Assembly Bill 1416 (Cooley) amends the California Consumer Privacy Act of 2018, scheduled to take effect next year. AB 1416 provides that the Consumer Privacy Act does not ...
Visit https://www.clta.org/news/442250/Business-Use-of-Personal-Information.htm to view the full article online. Assembly Bill 51 (Gonzalez) prohibits arbitration of labor and employment claims as a condition of employment. Former Governor Brown vetoed identical legislation when he was in ...
Visit https://www.clta.org/news/442253/Employment-Arbitration-Prohibited-Under-AB-51.htm to view the full article online. Although legislative efforts to tax services have failed to gain traction in the past, Senate Bill 522 (Hertzberg) seeks to revisit the issue. At this point the bill is ...
Visit https://www.clta.org/news/442251/Tax-on-Services.htm to view the full article online. INDUSTRY NEWS
The Mortgage Industry’s Standards Maintenance Organization (MISMO) has published for comments new standards for remote online notarizations (RON). The comment period on the standards lasts until ...
Visit https://www.clta.org/news/442255/Comment-Period-for-New-Remote-Notarization-Standards.htm to view the full article online. The Consumer Financial Protection Bureau announced that it is seeking public comments on proposed rules that would treat Property Assessed Clean Energy (PACE) financing much like mortgage loans. The CLTA has been very active promoting ...
Visit https://www.clta.org/news/442256/PACE-Financing-Facing-Restrictions.htm to view the full article online. The Securities Industry and Financial Markets Association voted to support a single mortgage-backed bond by Fannie and Freddie expected to be issued in June. The new single ...
Visit https://www.clta.org/news/442258/A-Single-Security-for-Fannie-and-Freddie-Arrives-as-Private-Bonds-Increase.htm to view the full article online. California listed home prices rose 85.4% between January 2012 and January 2019 according to the Wall Street Journal. The median home price in California was $519,000 compared to ...
Visit https://www.clta.org/news/442259/California-Listed-Home-Prices-up-Dramatically-in-Last-Decade.htm to view the full article online. According to CoreLogic, properties in foreclosures recently hit their lowest rate since January 2000. Equity increases, such as those witnesses in California, have reduced the odds that a property will end up in ...
Visit https://www.clta.org/news/442257/Foreclosures-Fall-Nationwide.htm to view the full article online. Freddie Mac’s Primary Mortgage Market Survey released last week show that the 30-year fixed-rate mortgage dropped 10 basis points to 4.31 percent. ...
Visit https://www.clta.org/news/442260/Mortgage-Rates-Decline.htm to view the full article online. UCLA Anderson Forecast has revised housing starts downward in 2019 and 2020, with a recovery in building beginning in 2021. UCLA Anderson Forecast director ...
Visit https://www.clta.org/news/442301/UCLA-California-Forecast.htm to view the full article online. |