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Wendel Rosen LLP
August 2020 In This Issue
SPONSORS CORNER
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Black Knight Early Sullivan Wright Gizer & McRae LLP
SPONSORS CORNER
The CLTA officers, board and staff would like to extend a huge THANK YOU to the following continuing sponsors of CLTA's Annual Convention, which was canceled due to developments relating to COVID-19. ...
 
Data Trace Union Bank
SACRAMENTO REPORT
Legislature Trims Bills upon Return from Recess; Despite Opposition, Bills to Create a Workers' Compensation Presumption on COVID-19 Advance; Foreclosures, PACE Disclosures and Privacy Legislation All Remain Active
 
Though temporarily stalled amid criticism from legislators that such a complicated policy matter should not be passed as part of the budget process ...
 
Four out of twelve ballot propositions directly impact the real estate, escrow and title industries and are briefly outlined below. ...
 
August 31 is the last day for each house of the legislature to pass bills before the legislature’s final recess of 2020 begins. The governor will then have until ...
 
Governor Newsom has signed an Executive Order that extends the decision period for any pending assessment appeal filed with a County Assessment Appeals Board on or before ...
 
Petru Corporation
INDUSTRY NEWS
CLTA News Express (August 18, 2020). On August 14, California Attorney General Xavier Becerra announced approval by the Office of Administrative Law (OAL) of final regulations under the California Consumer Privacy Act (CCPA). ...
 
 
Fannie Mae and Freddie Mac announced that refinancing after Sept. 1 would include a new adverse-market refinance fee of 0.5%, on both ...
 
In a move to build out its end-to-end electronic mortgage workflow solution, Intercontinental Exchange (ICE) will acquire California-based Ellie Mae for ...
 
Fidelity Q1 Earnings; First American Q1 Earnings; Old Republic Q1 Earnings; Stewart Q1 Earnings ...
 
The results of Freddie Mac’s Primary Mortgage Market Survey® (PMMS®) showed the 30-year fixed-rate mortgage (FRM) averaged 2.96 percent for the week ...
 
Black Knight Inc. announced that it is acquiring Optimal Blue, founded in 2002, for $1.8 billion. Black Knight plans to combine its ...
 
During Fidelity’s recent earnings call, Fidelity Chief Executive Officer Randy Quirk said the company recently purchased for $90 million the remaining ...
 
SoftPro
COURT CASES
In re: Brace (Speier v. Brace) (S252473).  On a question referred by the Ninth Circuit, the California Supreme Court answered as follows: Evidence Code section 662 does not apply to property acquired during marriage when ...
 
Reeder v. Specialized Loan Servicing (B296148). Plaintiff lost an investment property to foreclosure after he failed to make the balloon payment due on a 2005 home equity line of credit ...
 
 

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