California Land Title Association eNewsCalifornia Land Title Association.CLTA NEWS
CLTA is closely monitoring developments pertaining to COVID-19 (aka coronavirus) and its impact on member company operations and staff, including updates from national and local authorities. This resource page can be found here: https://www.clta.org/page/CLTAResourcePage. On this resource page is (a) A list of all country recorders and how they are handling recordation, both paper and E-recording, a (b) A list of all 58 county recorders for title companies or CLTA members seeking further information from them, and (c) Other relevant information helpful to CLTA members. Given the constantly changing environment involving this issue, we strongly recommend that you and your staff check this resource page and enclosed documents frequently for future changes.
Visit https://www.clta.org/page/CLTAResourcePage to view the full article online. SACRAMENTO REPORT
Assembly Bill 3234 (Gloria) amends the Subdivision Map Act to specify that no tentative or final map is necessary to create a parcel or parcels necessary for a housing development project ...
Visit https://www.clta.org/news/493800/Subdivision-Map-Act-Reform-Introduced-for-Small-Housing-Developments.htm to view the full article online. California legislators have introduced a package of bills to promote housing construction by cutting local government fees. Because fees are a large factor in housing costs, the legislators ...
Visit https://www.clta.org/news/493797/Legislators-Propose-to-Cut-Local-Government-Housing-Fees-and-Address-Homelessness.htm to view the full article online. Senate Bill 1079 (Skinner) would authorize local governments to acquire a residential property by eminent domain if it has been vacant for at least 90 days, the property is owned by a ...
Visit https://www.clta.org/news/493792/Eminent-Domain-and-First-Right-of-Refusal-Proposed-for-Vacant-Housing.htm to view the full article online. INDUSTRY NEWS
On March 11, California Attorney General Xavier Becerra issued a set of modifications to the proposed privacy regulations. The deadline for written comments on the modifications is ...
Visit https://www.clta.org/news/493811/California-Attorney-General-Issues-Modifications-to-Proposed-Privacy-Regulations.htm to view the full article online. To comply with the new state law on female board representation, California publicly-traded companies will have to add 1,000 women board members by January 2021 according to an ...
Visit https://www.clta.org/news/493802/Deadline-Approaching-for-Requiring-Women-Board-Members.htm to view the full article online. Fidelity, First American, Old Republic and Stewart reports Q4 earnings an 2019 results...
Visit https://www.clta.org/news/493809/Publicly-Traded-Companies-Report-Title-Segment-Earnings.htm to view the full article online. The California Association of Realtors is not revising its current 2020 housing market forecast in light of the coronavirus, but says that it will continue to monitor the market for negative ...
Visit https://www.clta.org/news/493804/CAR-Looks-at-Coronavirus-and-Keeps-Its-Housing-Market-Forecast.htm to view the full article online. Mortgage applications increased 55.4 percent from one week earlier, according to data from the Mortgage Bankers Association's (MBA) Weekly Mortgage Applications Survey for the ...
Visit https://www.clta.org/news/493810/Mortgage-Applications-Surge.htm to view the full article online. The Wall Street Journal reports that a home in the Bel-Air section of Los Angeles has been purchased for $60 million by the co-founder of a company that was recently sold to Paypal ...
Visit https://www.clta.org/news/493812/What-Housing-Crisis-Los-Angeles-Home-Purchased-for-60-Million.htm to view the full article online. Housing Wire reported that mortgage data and software firm Black Knight has calculated that low borrowing costs have made 11.1 million U.S. mortgages “refi eligible,” meaning borrowers ...
Visit https://www.clta.org/news/493806/Refinancing-Eligibility-Surges.htm to view the full article online. |