California Land Title Association eNews

California Land Title Association.

Early Sullivan Wright Gizer & McRae LLP
CLTA NEWS
The California Land Title Association's 114th Annual Convention is scheduled for May 11 - 13, 2021 and will be held in a virtual setting. We are excited by the opportunities this will offer companies like yours that choose to sponsor the event. ...
 
CLTA is pleased to release its newest CLTA Titlecast, New Cases 2020, generously sponsored by Budde Law Group. CLTA Titlecast episodes are on-demand educational audio/video podcasts FREE to CLTA members. Listen now ...
 
Union Bank
SACRAMENTO REPORT
Senate Bill 469 (Jones) requires, with regard to property held by spouses described in an instrument created before July 1, 2001, stating only that the property is held as community property, that title be ...
 
Assembly Bill 633 (Calderon) would enact the Uniform Partition of Heirs Property Act to supplement existing law and control if existing law is inconsistent. AB 633 would require specified procedures in an action to ...
 
Assembly Bill 1136 (Luz Rivas) would amend the California Financing Law (CFL) governing PACE financing that authorizes the Commissioner of Financial Protection and Innovation to bring certain ...
 
Assembly Bill 1079 (Gallagher) would amend existing law on the revocation of trusts to impose additional requirements on the trustee of a trust if, during the time that a trust is revocable, it is found that the ...
 
Assembly Bill 870 (Santiago) changes existing lien law that establishes that any costs or damage incurred by the Department of Toxic Substances Control and regional water quality control boards in carrying out ...
 
Assembly Bill 896 (Bennett) authorizes the State Oil and Gas Supervisor in the Department of Conservation to impose a claim and lien upon the real property in the state owned by any operator or responsible party ...
 
Senate Bill 449 (Stern) would require that before January 1, 2023, and annually thereafter, a bank, corporation, credit union, finance lender, insurer with one hundred million or more in annual national ...
 
Petru Corporation
North American Title Insurance Company
INDUSTRY NEWS
The State Board of Equalization (BOE) staff has initiated a project to add new Property Tax Rule (Rule) 462.520, Exclusion from Change in Ownership — Intergenerational Transfers, relative to the changes ...
 
Last month, the ALTA Board of Governors approved a recommendation to revise the two ALTA Closing Protection Letters (CPLs) and adopt four new Endorsements and two new Addendums. The forms are ...
 
Redaction is intended to shield the location and other personal information of individuals with recognized safety concerns from being accessible through documents contained in the public land records. While there is a ...
 
Revisions to the Minimum Standard Detail Requirements for ALTA/NSPS Land Title Surveys became effective Feb. 23, 2021. Every five years, ALTA and the National Society of Professional Surveyors (NSPS) review the ...
 
The Regional Council of SCAG adopted the regional housing needs allocations for cities and counties within the SCAG region on March 4, putting pressure on local governments. The assessment is part of a ...
 
Last Thursday, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 3.05 percent. ...
 
Fidelity National Financial reported that its title insurance segment generated record pretax earnings of $1.8 billion during 2020. This is up from $1.5 billion in pretax earnings during 2019. During the fourth ...
 
Stewart Information Services Corporation announced that it acquired Signature Closers LLC, strengthening its digital closing strategy. Stewart also recently acquired NotaryCam and partnered with CertifID to ...
 
Title insurance company States Title, renamed Doma, announced that it is going public in a $3 billion deal (including debt) with a special purpose acquisition (SPAC), Capitol Investment Corporation. States Title ...
 
CoreLogic launched a new digital title and closing solution to deliver a single, end-to-end digital mortgage workflow that CoreLogic said it can help lenders accelerate their existing title processes by ...
 
Blend, a provider of digital lending software, announced it has entered into a definitive agreement with Mr. Cooper Group, Inc. to acquire Title365 Pursuant to the terms of the transaction, Blend will ...