California Land Title Association eNews

California Land Title Association.

Wendel Rosen LLP
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. 

Visit https://www.clta.org/page/SponsorsCorner_current to view the full article online.

 
MESSAGE FROM THE PRESIDENT
A funny thing happened during the COVID-19 pandemic – the CLTA cancelled its annual convention and yet was still able to elect me as the 2020/21 president. This will certainly go down as...
 
CLTA NEWS
The CLTA Board of Governors elected the following officers to serve from July 1, 2020 through June 30, 2021…
 
The CLTA successfully requested publication of a California Court of Appeal opinion that addressed why the precise spelling of names is part and parcel of the requirement that a recorded document be properly...
 
The 2019-2020 Executive Vice President Report to Membership is now available. The Annual Report features the following highlights: Resource Page developed in response to fallout from coronavirus; CLTA Committee Work; 2020 CLTA Presidential Awards; Policy and Advocacy efforts; Legislation; Litigation; information on CLTA Publications including P&E Forms, CLTA Manual, Summary of Legislation and Membership Directory; Political Action; Communication; Education; and more. Please take a moment to review this year’s Annual Report to see the many ways in which CLTA has been active over the last year.
 
Data Trace
Union Bank
SACRAMENTO REPORT
Assembly Bill 3364 by the Assembly Committee on Judiciary is an omnibus bill covering various legal issues. AB 3364 was recently amended so that, beginning on March 1, 2021, it would require a...
 
On June 26, Assembly Bill 310 (Santiago) was amended to expand the role of the California Infrastructure and Economic Development Bank, created in 1994 and known as IBank. Prior to...
 
Assembly Bill 1577 (Burke) would conform state law to the federal CARES Act and the Paycheck Protection Program by excluding forgiveness of indebtedness from gross income for...
 
The California Land Title Associations joined a large business coalition to oppose AB 398 (Chu), which would create a statewide...
 
Petru Corporation
INDUSTRY NEWS
The Consumer Financial Protection Bureau (Bureau) recently issued a notice of proposed rulemaking (NPRM) that would amend Regulation Z to provide a new exemption available to certain...
 
The Mortgage Bankers Association, National Association of Realtors, and the American Land Title Association have together drafted a model emergency notarization act calling for the...
 
Mortgage rates fell below 3 percent for the first time in 50 years according to Freddie Mac. Last week’s Freddie Mac Primary Mortgage Market Survey showed that the 30-year fixed-rate...
 
Tech-focused brokerage firm Redfin reported that more than half of home offers faced competition in June for the second month in a row. According to Redfin, the bidding-war rate is rising even as...
 
Irvine-based ATTOM Data Solutions, a large property database companies, announced it has acquired San Diego based Home Junction Inc., a real estate data technology company that...
 
Black Knight has announced its integration with Qualia, a cloud-based closing software provider, to enable title companies to further streamline their closing process through a single, secure...
 
CoreLogic has rejected an unsolicited $7 billion acquisition bid, at $65 a share in cash, from Cannae Holdings and Senator Investment Group, LP, which own 15% of the outstanding...
 
SoftPro