California Land Title Association eNewsCalifornia Land Title Association.CLTA NEWS
The CLTA is pleased to welcome a new title company as Regular member of the association, as approved by the CLTA Executive Committee on October 13, 2021. ...
Visit https://www.clta.org/news/586953/CLTA-Welcomes-a-New-Member-Title-Company.htm to view the full article online. CLTA is pleased to release its newest CLTA Titlecast, Self Serving Documents - a Claims Coffee Chat. CLTA Titlecast episodes are on-demand educational audio/video podcasts FREE to CLTA members. Listen now using your computer or mobile device at your convenience. ...
Visit https://www.clta.org/page/Episode14_October2021 to view the full article online. SACRAMENTO REPORT
Governor Newsom signed Senate Bill 478 (Wiener) making void and unenforceable certain CC&Rs and prohibiting a local agency from imposing a floor area ratio standard that is less than 1.0 on a housing development project that consists of 3 to 7 units, or less than 1.25 on a ...
Visit https://www.clta.org/news/586954/New-Ca-Law-Voids-CCRs-Restricting-Certain-Floor-Area-Ratios-and-Regulates-Local-Agency-Adoption.htm to view the full article online. Senate Bill 661 (Newman) was signed into law by Governor Newsom to update and modernize the CalVet Home Loan Program to be more competitive in the market and better assist California veterans. This bill would allow the California Department of Veterans Affairs (CalVet) the ...
Visit https://www.clta.org/news/586957/New-Law-Updates-CalVet-Program-to-Better-Serve-Veterans.htm to view the full article online. The California Organized Investment Network in the Department of Insurance encourages insurers to make investments in California’s underserved and low-to-moderate-income communities. Senate Bill 655 ...
Visit https://www.clta.org/news/586959/New-California-Law-Encourages-Insurer-Diversity-in-Investments-Procurement-and-Board-Membership.htm to view the full article online. Federal OSHA regulations regarding the vaccine mandate for employers with 100 or more employees have finally been released. Companies must ensure that their workers are either fully vaccinated against COVID-19 by Jan. 4 or that they test negative for COVID-19 at least once ...
Visit https://www.clta.org/news/586965/Federal-Vax-Mandate-Requires-Comparable-CalOSHA-Standards---Plus-New-CA-Law-Expands-Presumption.htm to view the full article online. INDUSTRY NEWS
The Financial Crimes Enforcement Network (FinCEN) last Friday announced the renewal of its Geographic Targeting Orders (GTOs) that require U.S. title insurance companies to identify the natural persons behind shell companies used in all-cash purchases of residential real ...
Visit https://www.clta.org/news/586320/FinCEN-Renews-Geographic-Targeting-Orders-for-12-Metropolitan-Areas.htm to view the full article online. On November 3, 2021, Attorney General Bonta launched a Housing Strike Force with the announced goals of advancing housing access, affordability and equity in California. See the press release here ...
Visit https://www.clta.org/news/586969/California-Attorney-General-Announces-Housing-Strike-Force.htm to view the full article online. RESPRO (the Real Estate Services Providers Council) presented testimony November 4 to the California Department of Financial Protection and Regulation on proposed escrow regulations governing unlawful rebates. RESPRO stated its opinion that it believed that the ...
Visit https://www.clta.org/news/586982/RESPRO-Comments-on-Proposed-Unlawful-Compensation-Regulation.htm to view the full article online. ICE Mortgage Technology, part of Intercontinental Exchange, Inc. announced that MERSCORP Holdings, Inc., the mortgage industry’s national electronic loan registry, is expanding its capabilities to now include industry-wide, secure storage of Remote Online Notarization ...
Visit https://www.clta.org/news/586968/MERS-to-Store-RON-Videos-for-Lenders.htm to view the full article online. CoreLogic, a leading global property information, analytics and data-enabled solutions provider, released its latest Mortgage Fraud Report. The report shows a 37.2% year-over-year increase in fraud risk at the end of the second quarter of 2021, as measured by the CoreLogic ...
Visit https://www.clta.org/news/586966/CoreLogic-Reports-Shows-Mortgage-Application-Fraud-Risk-Increasing.htm to view the full article online. The National association of Realtors reported that third quarter median sales prices for exiting single-family homes increased compared to the year-ago quarter in 182 of the 183 metro areas tracked by NAR. Nationally, there were double-digit price gains in 78% of the markets. ...
Visit https://www.clta.org/news/586978/No-Surprise-Home-Prices-Climb-Across-the-US---California-with-the-Top-3-Most-Expensive-Markets.htm to view the full article online. Fidelity Reports Third-quarter Earnings; First American Reports Third-quarter Earnings; Old Republic Reports Third-quarter Earnings; Stewart Reports Third-quarter Earnings
Visit https://www.clta.org/news/586972/Earnings-Reports.htm to view the full article online. On November. 10, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing that the 30-year fixed-rate mortgage (FRM) averaged 2.98 percent. ...
Visit https://www.clta.org/news/586980/Freddie-Mac-Releases-Results-of-its-Primary-Mortgage-Market-Survey.htm to view the full article online. |