California Land Title Association eNews

California Land Title Association.

CLTA NEWS
In conjunction with CLTA's Education Committee and Forms & Practices Committee, the CLTA is pleased to offer "CLTA's Revised Trustee's Sale Guarantee aka Guarantee Form 22: A Live Webinar". This hour-long ...
 
The two-part recorded webinar, Mechanics Liens - Part 1 and Mechanics Liens - Part 2, are now available to order. ...
 
SACRAMENTO REPORT
Senate Bill 998 (De Leon) requires the PUC to require utilities to develop and implement on-bill repayment (OBR) programs for energy efficiency under which a customer pays ...
 
Assembly Bill 2517 (Eng) creates a wage lien bill for car wash employees that takes priority over all other debts, judgments, decrees, liens or mortgages perfected on or after January 1, 2013 except ...
 
The Franchise Tax Board has decided to back off a plan to require additional reporting for fees not based on property values. The FTB had planned to ask for the information based on ...
 
The California Department of Corporations has clarified that a person is exempt from licensing as a mortgage loan originator if they work solely for a lender that offers or negotiates loans terms solely though third party ...
 
The Department of Corporations had been issuing alerts based on internet escrows that have been falsely using license numbers of actual DOC licensed escrow companies. Most recently ...
 
April 25, 2012 – Bulletin 11/12-100
Senate and Assembly Democratic leaders announced the formation of a Conference Committee to address foreclosure issues and homeowner protections in the wake of the foreclosure settlement ...
 
INDUSTRY NEWS
ALTA partnered with the "Designing Spaces" television series on Lifetime to explain to homebuyers the closing process and the importance of purchasing an owner’s title insurance policy. ...
 
Despite a drop in total premiums in 2011 from 2010, California still ranked number 1 in premiums according to the American Land Title Association. While premiums for the number 2 state of Texas rose 8.5%, California experienced a drop in title premiums written of 5.3%. California premiums came in at $1.33 billion while Texas recorded $1.15 billion in premiums.
 
The Southern California chapter of the Property Records Education Partners (PREP) has scheduled a meeting for September 12, 2012 at the First American corporate offices in Santa Ana. ...