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CLTA NEWS
CLTA's 105th Annual Convention is quickly approaching. Sponsorship opportunites are still available so sponsor now for maximum exposure. Registration information and materials will be distributed next week.

 
News Express - February 8, 2012
CLTA is pleased to offer: Mechanics’ Liens – a Live Two-Part Webinar, delivered to your office on February 29, 2012 (Part 1) and April 18, 2012 (Part 2)! This comprehensive webinar is designed for the title professional.

 
At the urging of CLTA’s current President, Joe McCabe, the CLTA has started a new group called the "Young Professionals Group." The overall purpose of the group is to reach out to young professionals within the industry to see ...

 
SACRAMENTO REPORT
The CLTA is meeting with the California Department of Finance on issues surrounding the transfer of Redevelopment Authorities’ (RDA) properties. Title companies have serious concerns about the insurability of ...

 
The California Controller is amending the unclaimed property regulations to update the Electronic Fund Transfer Forms and remove language requiring prior approval to remit funds by Fedwire. Unclaimed property holders will also have the option to ...

 
Governor Jerry Brown's Budget Summary for 2012-2013 includes a proposal to reorganize and consolidate state government. The proposal includes a plan to eliminate the Department of Real Estate and the Office of Real Estate Appraisers and place both ...

 
The day before local redevelopment programs begin shutting down, the state Senate passed legislation to allow cities and counties to use $1.36 billion for affordable housing as part of the redevelopment agency phase out. ...

 
INDUSTRY NEWS
The Bureau of Consumer Financial Protection (CFPB) has issued interim final rules transferring existing regulations by other agencies to the Bureau. ...

 
The California Supreme Court decided insurance claims adjusters can qualify for the administrative exemption from California’s overtime laws. The Court stated that ...

 
CoreLogic has introduced CoreScore to supplement data from national credit bureaus to provide lenders with information that previously would not have customarily appeared in a credit report. The supplemental information will come from

 
The Legal Description – February 6, 2012 (password required)
New York Attorney General Eric Schneiderman filed a lawsuit against the nation’s largest banks, alleging deceptive and fraudulent use of the electronic mortgage registry MERS.

 
Wendel, Rosen, Black & Dean LLP
Garrett & Tully, A Professional Corporation
Data Trace
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