News & Press - California Land Title Association

News & Press

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Industry News
Tuesday, April 16, 2019 Overhaul of Fannie and Freddie Moved Closer to Reality with Trump Action » President Trump has signed a Presidential memorandum signaling the White House’s interest in reforming the housing finance...
Tuesday, April 16, 2019 California Title Premiums Dip in 2018 » The title insurance industry generated $14.84 billion in title insurance premiums during 2018 compared to $14.77 billion d...
Tuesday, April 16, 2019 Low Rates Encouraging for Refinance Volume » As U.S. Treasury rates fall, refinancing becomes an increasingly attractive option for a growing number of homeowners. The...
Tuesday, April 16, 2019 City of Los Angeles Sues Over Alleged PACE Fraud » The Los Angeles Times reported that Los Angeles city attorney Mike Feuer recently filed a lawsuit alleging that an unlicen...
Tuesday, April 16, 2019 Northern California Property Records Industry Association (PRIA) Meeting - May 16, 2019 » The Northern California PRIA Local has scheduled a meeting for May 16, 2019 from 8:30am – 1:00pm, at the Dublin Public Lib...
Tuesday, April 16, 2019 Southern California Property Records Industry Association (PRIA) Meeting - June 11, 2019 » The Southern California PRIA Local has scheduled a meeting for June 11, 2019 from 8:30am – 1:00pm, in Irvine at 18565 Jamb...
Tuesday, March 19, 2019 Comment Period for New Remote Notarization Standards » The Mortgage Industry’s Standards Maintenance Organization (MISMO) has published for comments new standards for remote onl...
Tuesday, March 19, 2019 PACE Financing Facing Restrictions » The Consumer Financial Protection Bureau announced that it is seeking public comments on proposed rules that would treat P...
Tuesday, March 19, 2019 Foreclosures Fall Nationwide » According to CoreLogic, properties in foreclosures recently hit their lowest rate since January 2000. Equity increases, s...
Tuesday, March 19, 2019 A Single Security for Fannie and Freddie Arrives as Private Bonds Increase » The Securities Industry and Financial Markets Association voted to support a single mortgage-backed bond by Fannie and Fre...
Tuesday, March 19, 2019 California Listed Home Prices up Dramatically in Last Decade » California listed home prices rose 85.4% between January 2012 and January 2019 according to the Wall Street Journal. The...
Tuesday, March 19, 2019 Mortgage Rates Decline » Freddie Mac’s Primary Mortgage Market Survey released last week show that the 30-year fixed-rate mortgage dropped 10 basis...
Tuesday, March 19, 2019 UCLA California Forecast » UCLA Anderson Forecast has revised housing starts downward in 2019 and 2020, with a recovery in building beginning in 2021...
Tuesday, February 19, 2019 Radian Acquires Data Analytics and Predictive Model Provider » Radian Group Inc. recently acquired Maryland-based Five Bridges Advisors LLC, a developer of proprietary software, data an...
Tuesday, February 19, 2019 Governor Newsom Suggests Structural Tax Reform Possible » Governor Gavin Newsom may decide to work to overhaul California’s tax system given a ballot deadline to revise the state p...
Tuesday, February 19, 2019 California Marijuana Bank Looks Unlikely » Last month California marked the start of legalized sale and use of marijuana although the new law grants local government...
Tuesday, February 19, 2019 No Evictions in San Jose for Tenants Affected by Federal Shutdown – Template for Future? » According to Housing Wire, the San Jose City Council implemented a temporary moratorium on evictions for non-payment of re...
Tuesday, February 19, 2019 Private Flood Insurance Option Set to Expand » A new federal rule that becomes effective in July will require lenders to accept both private and government flood policie...
Tuesday, February 19, 2019 Fannie Mae Increases Multifamily Loan Limits » Fannie Mae announced that it is doubling its loan limit for small multifamily mortgages from $3 million to $6 million in a...
Tuesday, February 19, 2019 Tech Real Estate Brokerage Raises $$ » REX, a real estate brokerage focusing on using a technology platform to provide a digital alternative in the home sale pro...
Tuesday, February 19, 2019 U.S. House Committee Holds Hearing on Marijuana Business Banking » The House Financial Services Subcommittee on Consumer Protection and Financial Institutions recently held a hearing titled...
Tuesday, February 19, 2019 California Bidding Wars Ending » According to real estate brokerage Redfin fewer buyers are competing for homes and bidding wars have been cut by over half...
Tuesday, February 19, 2019 Mortgage Rates at Lowest Level Since Early 2018 » Last Thursday’s results from Fannie Mae of its Primary Mortgage Market Survey, showed fixed-rate mortgages at their lowest...
Tuesday, February 19, 2019 Mortgage Fraud Criminals Sentenced » California Attorney General Xavier Becerra announced the sentencing of a scammer for operating a mortgage fraud scheme thr...
Tuesday, February 19, 2019 California Company Develops App for Home Equity Lending » Silicon Valley based company Blend plans to move into the home equity market with a new app designed to drastically speed...
Tuesday, January 15, 2019 Fraud Alert: LLC Identity Theft » According to ALTA, Limited Liability Company (“LLC”) fraud has evolved over the past year and criminals are now hijacking...
Tuesday, January 15, 2019 (0 Comments - view/add) Q3 2018 Title Premium Volume Up 2.8 Percent – California Ranks Second » The title insurance industry generated $3.98 billion in title insurance premiums during the third quarter of 2018 compared...
Tuesday, January 15, 2019 Pending Home Sales Trend Down – West Remains Challenged » Pending home sales nationwide slipped in November, according to the National Association of Realtors. Year-over-year, the...
Tuesday, January 15, 2019 SBA Posts on Facebook – We’re Inactive » Due to the government shutdown the Small Business Administration (SBA) posted the following on Facebook – “Due to the laps...
Tuesday, January 15, 2019 FEMA Resumes Issuing Flood Insurance » The Federal Emergency Management Agency (FEMA) announced a resumption of the sale of new flood insurance policies and the...
Tuesday, January 15, 2019 Several States Enact Legislation Allowing for Remote Notarization; New Bill Introduced in California » Ohio joins Indiana, Michigan, Minnesota, Montana, Nevada, Tennessee, Texas, Vermont and Virginia with laws explicitly allo...
Tuesday, January 15, 2019 California Had Most Expensive Home Sold in 2018 » The Wall Street Journal reported that a $110 Malibu home was the most expensive home sold in the United States in 2018. Si...
Tuesday, January 15, 2019 California Leads in Home Value Rise » According to data from Zillow, a third of U.S. housing value can be attributed to California, which has risen by $3.7 tril...
Tuesday, January 15, 2019 California Business Flight on the Rise, According to New Study » According to a recent study by Spectrum Location Services, “a firm specializing in advising businesses about the relat...
Tuesday, January 15, 2019 Will the U.S. Supreme Court Upend California Foreclosure Law? » The U.S. Supreme Court is considering whether trustees conducting nonjudicial foreclosures are subject to the Fair Debt Co...
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