|
On May 11, 2026, the Financial Crimes Enforcement Network (FinCEN), along with the U.S. Department of the Treasury and Treasury Secretary Scott Bessent, filed a Notice of Appeal in Flowers Title Companies, LLC v. Bessent. The filing, which was made in the U.S. District Court for the Eastern District of Texas and sends the matter to the U.S. Court of Appeals for the Fifth Circuit, indicates that the Treasury Department is appealing both the district court's March 19, 2026 Memorandum Opinion and Order granting summary judgment to the plaintiff, and the Final Judgment entered the same day.
Opendoor announced the acquisition of the closing and escrow operations of Doma from Title Resources Group, subject to regulatory approval.
On March 16, San Francisco Assessor-Recorder Joaquín Torres announced the completion of an office modernization project, the System for Managing Records, Assessments, and Transactions Project (SMART), which provides a new online portal for property owners to conduct business with the Assessor-Recorder online.
Prior to recent amendments that heavily modified the bill, Senate Bill 1307 (Jones) as introduced would have substantially amended existing law on post-conviction procedures for a prosecuting agency to file a motion to declare a false or forged deed void under Penal Code Section 115.
Finance of America Reverse, LLC announced the launch of HomeSafe Second Line of Credit available in California beginning April 1. In its announcement, Finance of America Reverse LLC claims that its HomeSafe Second Line of Credit product is the industry’s first second-lien reverse mortgage line of credit, intended to allow homeowners 55+ to preserve an existing first mortgage, and function as an alternative to a traditional HELOC.
More information can be found in the company’s press release. Assembly Bill 1857 (Aguiar-Curry) would enact The Grocery Store Access Act, which as introduced would have made void and unenforceable any covenant, restriction, or condition contained in any deed, contract, security instrument, lease, or other recorded or unrecorded instrument affecting the transfer or sale of any interest in real property that effectively prohibits or restricts the use of that property as a grocery store or supermarket, defined as “any retailer that sells food items.”
Assembly Bill 1957 (Pacheco) proposes to amend existing law on eligible bidders at residential real property foreclosure sales and address what “eligible properties” are for certain bidding procedures.
Stewart has announced enhancements to Stewart Virtual Underwriter® (VU), including secure login access, enhanced search functionality, and the introduction of an AI-powered Virtual Underwriter Agent, VU Explorer.
Assembly Bill 1842 (Harabedian) would enact the California Emergency Mortgage Relief Act. The bill would authorize a borrower to request forbearance on a residential mortgage loan that has become uninhabitable as a direct result of conditions resulting from an event that was the subject of a proclaimed state of emergency issued by the Governor or by the federal government.
|
Our Sponsors
|
|
|
|
|
|
|
