News & Press - California Land Title Association

News & Press

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Industry News
Tuesday, November 19, 2019 Student Loan Debt Adds to Buyers' Struggle with Unaffordability in California » Realtor.com reports that some 42.8 million people owe around $1.5 trillion on their student loans, an amount that is nearl...
Tuesday, November 19, 2019 Financial Accounting Standards Board (FASB) Decides to Delay new Lease Standards » FASB decided to defer the mandatory effective date for accounting for lease obligations for entities that are not (1) Publ...
Tuesday, November 19, 2019 MISMO Releases ALTA-supported Closing Instructions Templates » On October 18, the Mortgage Industry Standards Maintenance Organization (MISMO) issued new templates for closing instructi...
Tuesday, November 19, 2019 FinCEN Renews Geographic Targeting Orders » The Financial Crimes Enforcement Network (FinCEN) once again renewed its Geographic Targeting Orders (GTO) that requir...
Tuesday, November 19, 2019 Insurers Report Third-quarter Results » Fidelity Fidelity National Financial reported that its title insurance segment generated pre-tax income of $...
Tuesday, November 19, 2019 Opendoor Expands its Homebuying in Southern California » Opendoor, a company that buys homes using an online platform that makes offers for homes, is now buying homes in Los Angel...
Tuesday, November 19, 2019 Taylor Morrison Homes Acquiring California Based William Lyon Homes » Taylor Morrison Home Corporation is acquiring William Lyon Homes, one of the nation's largest homebuilders in the Western...
Tuesday, October 15, 2019 California Revises Electronic Recording Regulations » In 2016, the Legislature expanded the types of instruments that may be recorded electronically and the types of entities t...
Tuesday, October 15, 2019 California-Based CoreLogic Acquires Tax Service Company » Real estate data and technology company CoreLogic announced that it has acquired National Tax Search LLC, which provides p...
Tuesday, October 15, 2019 C.A.R. Releases its 2020 California Housing Market Forecast » The California Association of Realtors “2020 California Housing Market Forecast” has been released and C.A.R. sees a small...
Tuesday, October 15, 2019 Majority of Californians Consider Relocating » Although half of California voters considered California “one of the best places to live,” more than half have thought abo...
Tuesday, October 15, 2019 Fannie and Freddie Get to Keep Their Earnings » The U.S. Department of the Treasury and the Federal Housing Finance Agency jointly announced that they will allow the gov...
Tuesday, October 15, 2019 California Recorders and IRS in Fee Dispute » The IRS has sent a letter to California recorders announcing that effective October 1, the IRS is lowering the fees it wil...
Tuesday, October 15, 2019 Mortgage Rates Low as Entry Level Buyers Strong » Freddie Mac’s latest Primary Mortgage Market Survey released last week shows the 30-year fixed-rate mortgage averaged 3.57...
Monday, September 16, 2019 MISMO Updates Remote Notarization Standards » MISMO recently released its remote online notarization (RON) standards , which include an update to the draft standards...
Monday, September 16, 2019 CoreLogic Predicts Rising Prices - California Surpasses its Pre-Crisis Peak but Cooling » CoreLogic is forecasting national home prices to increase 5.4% from July 2019 to July 2020, although home prices have been...
Monday, September 16, 2019 Top 5 Fastest Rising Metro Area Rents - Surprisingly Not in California » According to Housing Wire, the real estate data firm Yardi Matrix reported that the national average for cost of rent rose...
Monday, September 16, 2019 California Agency Calls for Massive Increase in Housing Construction » Last month the California Department of Housing and Community Development (HCD) released its Regional Housing Needs Assess...
Monday, September 16, 2019 Fidelity and Stewart Call Off Merger » Fidelity National Financial and Stewart Information Services Corp. have agreed to terminate Fidelity's proposed merger wit...
Monday, September 16, 2019 ALTA Publishes White Paper Providing Guidance on the Redaction of Information in Public Land Records » ALTA’s Real Property Records Committee has finalized a white paper titled “ Privacy, Redaction, and Public Land Records...
Monday, September 16, 2019 Fraudulent Deeds Delay $5.8 Billion Sale - Including Luxury California Hotels » According to the Wall Street Journal the sale of China insurer Anbang’s U.S. hotels was held up when fraudulent deeds were...
Monday, September 16, 2019 Board of Equalization Issues Letter About Rescinding Deeds Causing Reassessment » The Board of Equalization (BOE) staff initiated a project to issue a Letter To Assessors (LTA) that summarizes the various...
Monday, September 16, 2019 California Blockchain Working Group to Hold its First Meeting » California’s Blockchain Working Group, organized by the Secretary of the Government Operations Agency as required under a...
Monday, September 16, 2019 California #2 in Title Premiums for First Half of Year » The title insurance industry generated $6.95 billion in title insurance premiums during the first six months of 2019 compa...
Tuesday, August 20, 2019 Stakeholder Group Tentatively Set to Examine Remote Online Notarization Legislation in California » Legislation that would authorize California notaries to conduct remote online notarizations (RON) in California, AB 199...
Tuesday, August 20, 2019 Will Escalating Homeowner Insurance Rates Slow Sales? » The Sacramento Bee reported that two consecutive disastrous wildfire seasons have created an insurance crisis for thousand...
Tuesday, August 20, 2019 Fidelity Extends Stewart Closing Date » Fidelity exercised its second option to extend the closing date to Sept. 18 for the acquisition of Stewart Information Ser...
Tuesday, August 20, 2019 Solid Earnings for Major Insurers » First American Reports Q2 Earnings First American Financial Corp. reported that its title insurance segment poste...
Tuesday, August 20, 2019 Refinancings Surge Ahead » According to a recent forecast from the Mortgage Bankers Association, the drop in mortgage rates may result in refinancing...
Tuesday, August 20, 2019 New Homebuilder Title Company in the Western States » Last month William Lyon Homes, a leading homebuilder in the Western U.S., announced the formation of ClosingMark Financial...
Tuesday, August 20, 2019 ALTA Approves Technical Change to Closing Protection Letters » ALTA’s Forms Committee approved a technical correction to the ALTA Closing Protection Letters that is effective Aug. 1, 20...
Tuesday, August 20, 2019 California Leads in the Number of LEED-Certified Residential Units » This month the U.S. Green Building Council released its new LEED in Motion: Residential report . LEED stands for Leaders...
Tuesday, August 20, 2019 Rates Remain Steady While Refinancing Spikes » Last Week Freddie Mac’s Primary Mortgage Market Survey ® (PMMS®), showed that the 30-year fixed-rate mortgage (FRM) rat...
Tuesday, July 16, 2019 EnTitle Insurance Company Becomes Radian Title Insurance Inc. » Radian Group Inc. announced that EnTitle Insurance Company has been renamed Radian Title Insurance Inc. Radian acquired th...
Tuesday, July 16, 2019 California has Highest National Mortgage Debt » 24/7 Wall Street reported that California leads the nation in average mortgage debt while it has the second lowest homeown...
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