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Fennemore Wendel
May 2023 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
CLTA is pleased to release its latest Titlecast, Episode 27 – Key Changes to the 2021 Homeowner's Policy and Update on New Endorsements. CLTA Titlecast episodes are on-demand educational audio/video podcasts FREE to CLTA members. Listen now ...
 
Data Trace
SACRAMENTO REPORT
Assembly Bill 671 (Ward) was introduced to provide that a community land trust could use CalHome Program funds to purchase residential real property in fee simple, construct ...
 
Assembly Bill 911 (Schiavo) proposed to change the restrictive covenant modification process whereby an owner of an affordable housing development can submit a ...
 
Senate Bill 224 (Hurtado) would prohibit a foreign government from purchasing, acquiring, leasing, or holding a controlling interest in California agricultural land after ...
 
Assembly Bill 1218 (Lowenthal) is intended to ensure replacement housing is developed prior to or concurrently with a development project involving demolition of existing ...
 
Assembly Bill 726 (Patterson) amends the Information Practices Act of 1977 that imposes limitations on the right of state governmental agencies to disclose personal ...
 
California’s progressive tax system, where nearly half of all personal income tax in the state is paid by the top one percent of earners, has contributed to extreme budget ...
 
Petru Corporation
INDUSTRY NEWS
The Financial Crimes Enforcement Network (FinCEN) on April 24 renewed and once again expanded its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to ...
 
A Florida settlement agent hired to close a residential real estate transaction was denied coverage under its Cyber Protection Insurance Policy after it was fraudulently ...
 
Fannie Mae has release the performance report on Fannie Mae’s three-year Equitable Housing Finance Plan. It accepted 45 Attorney Opinion Letters in lieu of title insurance. The ...
 
The U.S. Consumer Financial Protection Bureau has released a Residential Property Assessed Clean Energy Financing (PACE Financing) Proposed Rule. The Rule would 1) clarify PACE financing coverage under ...
 
Senator Ted Cruz and Representative John Ratcliffe have introduced a bill to abolish the Consumer Financial Protection Bureau (CPFB). The press release...
 
On a state-by-state basis, all 50 states, plus the District of Columbia, showed 4th Quarter 2022 written premiums decreasing from 4th Quarter 2021. Four states were down over ...
 
Fidelity; First American; Old Republic; Stewart
 
SoftPro
COURT CASES
Crescent Trust v. City of Oakland. Plaintiff's lot 18 was shown on a map recorded in 1869 and was one of four lots subsequently conveyed in a single deed. Plaintiff acquired ...
 
 

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