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Greenberg Traurig LLP
December 2023 In This Issue
CLTA NEWS
SACRAMENTO REPORT
INDUSTRY NEWS
COURT CASES
SoftPro Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
The California Land Title Association’s 117th Annual Convention is scheduled for April 21-23, 2024 at The Laguna Cliffs Resort & Spa in Dana Point, California. We look forward to connecting with you at the Convention and hope your organization will be a sponsor of California's premiere title industry event. ...
 
CLTA is pleased to release its latest Titlecast, Episode 31 – Remote Notarization in California. Listen for an update on SB 696, the recently signed law regarding online notarization in California, as presenters Dan Buchanan and Lisa Steele talk about how RON finally got over the finish line, what the title industry should keep in mind as the law goes into effect, and potential future developments in the remote notarization space. ...
 
The CLTA extends congratulates to CLTA Board of Governors member Mickey Vandenberg as the incoming President of the California Escrow Association. Mickey was the recipient of the CLTA Presidential Award at the ...
 
Data Trace
SACRAMENTO REPORT
California Attorney General Rob Bonta announced the filing of a lawsuit against MV Realty, a Florida-based company that engaged in what Bonta termed ...
 
A privacy bill signed into law by Governor Newsom earlier this year, AB 947 (Gabriel), is slated to go into effect on January 1, 2024. The legislation amends a provision of the California Consumer Privacy Act / California Privacy Rights Act (CCPA/CPRA) by modifying ...
 
The California Legislature is set to reconvene on January 3rd for the second year of its two-year session. The year 2024 is also an election year, with Governor Newsom already in campaign mode. The last day for each legislative house to pass bills ...
 
California Sees Revenue $26 Billion Below Projections in 2022-23 The California Office of the Legislative Analyst reported that with the recent receipt of various postponed tax payments, the impact of recent economic weakness and ...
 
Petru Corporation
INDUSTRY NEWS
Freddie Mac last week released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.95 percent. ...
 
The Federal Housing Finance Agency (FHFA) released the conforming loan limit values (CLLs) for mortgages Fannie Mae and Freddie Mac will acquire in 2024. In most of the United States, the 2024 CLL value for one-unit properties will be ...
 
The Financial Crimes Enforcement Network (FinCEN) is extending the deadline for certain reporting companies to file their initial beneficial ownership information (BOI) reports. Specifically, reporting companies created or registered in 2024 will have ...
 
COURT CASES
Castaic Studios v. Wonderland Studios (B325853). The court held that an unlawful detainer action is not available after a default when possession is ...
 
 

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