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Valdellon v. PHH Mortg. Corp. (9th Cir. Apr. 20, 2026, No. 25-538) 2026 U.S. App. LEXIS 11084.)
First American Financial announced that Chief Marketing Officer Chelsea Sumrow was named by HousingWire as a 2026 Marketing Leaders winner, the second consecutive year she has earned the honor. HousingWire’s selection committee selected the 2026 Marketing Leaders award winners, recognizing the most dynamic and influential marketing professionals in the housing industry.
Stewart Title announced that Christy Ekstrand will assume the additional role of the Division President of CenCal Operations for Stewart Title of California. In her expanded leadership role, she oversees the company's teams and offices across Porterville, Visalia, Fresno, Turlock, and the surrounding Central California communities.
The title insurance industry generated $4.5 billion nationwide in title insurance premiums during the first quarter of 2026 compared to $3.9 billion during the same period a year ago, according to ALTA’s latest Market Share Analysis.
Last Thursday Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing the 30-year fixed-rate mortgage (FRM) averaged 6.52%. The survey is focused on conventional, conforming, fully amortizing home purchase loans for borrowers who put 20% down and have excellent credit.
Two Democrats are poised to face each other in the November general election for Insurance Commissioner after leading in the vote count. Jane Kim is former member of the San Francisco Board of Supervisors, while Ben Allen is a California state Senator.
In October 2023, Governor Gavin Newsom signed into law AB 1345, which went into effect on January 1, 2024. Sponsored by Attorney General Bonta and strongly supported by the CLTA, AB 1345 imposed a two-year limit on residential exclusive listing agreements and clarifies that these agreements cannot be filed with a county recorder.
Assembly Bill 1977 (Irwin) clarifies the Online Notarization Act. The bill’s revisions to the Online Notarization Act were further supplemented by amendments on May 22, after it had already passed the Assembly on a 61-5 vote.
Assembly Bill 1847 (Harabedian) encountered opposition from lenders, yet passed the Assembly on a vote of 49-18 with the support of labor unions, L.A. County and the Consumer Attorneys of California.
Assembly Bill 1842 (Harabedian), seeks to enact the California Emergency Mortgage Relief Act. The bill passed the Assembly on a vote of 58-14 despite arguments from the financial services industry that the bill creates duplicative compliance obligations and conflicts with the federal disaster framework.
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