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Wendel Rosen LLP
July 2022 In This Issue
MESSAGE FROM THE PRESIDENT
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Early Sullivan Wright Gizer & McRae LLP
MESSAGE FROM THE PRESIDENT
It is a tremendous honor to be in a position to accept the appointment as President of CLTA for the upcoming year! I take great pride in this and am extremely humbled as ...
 
CLTA NEWS
The CLTA Board of Governors elected the following Officers to serve from July 1, 2022 through June 30, 2023 ...
 
The CLTA is pleased to welcome a new title insurance company as Regular member of the Association. ...
 
SkySlope
SACRAMENTO REPORT
California’s “First Look” Program for Foreclosed Properties; Opportunity to Match Foreclosure Bid by Tenants and Owner-Occupants; Listing with a Multiple Listing Service Required Before Foreclosure ...
 
Governor Newsom has signed Assembly Bill 2245 (Ramos). The bill enacts the Partition of Real Property Act and modifies the default legal procedures for the ...
 
Assembly Bill 1093 (Jones-Sawyer), which would have authorized California notaries to perform remote online notarization (RON) in California, was held back by the author ...
 
The Assembly Committee on Water, Parks, and Wildlife held Senate Bill 463 (Dahle) – which would allow for the creation of off-record easements for the purpose of ...
 
Petru Corporation
INDUSTRY NEWS
Fannie Mae on July 6 updated its Selling Guide revising the required forms of the ALTA Policy Forms. According to Fannie Mae, lenders must use the 2021 ALTA Policy Forms by ...
 
On June 30th Insurance Commissioner Ricardo Lara issued a Bulletin reminding insurance companies that bias and discriminatory use of consumers’ data have no ...
 
American Digital Title Insurance Company (American Digital Title), recently announced it received its Certificate of Authority from the California Insurance Commissioner to ...
 
Fitch Ratings see statutory capital remaining very strong for U.S. title insurers even as macroeconomic pressures mount in the coming months, according to Fitch Ratings in ...
 
Last week Freddie Mac’s Primary Mortgage Market Survey®(PMMS®), showed that the 30-year fixed-rate mortgage (FRM) averaged 5.51 percent. ...
 
Notarize announced last month layoffs of 25% of its workforce. CEO Pat Kinsel stated “We are exceptionally proud of the team we’ve built and they are leaving through no ...
 
Mainspring Services Qualia
COURT CASES
Shoker v. Superior Court of Alameda County (A163711). The court held that a constructive trust claim that is akin to a fraudulent conveyance claim is a real property ...
 
 

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