News & Press - California Land Title Association

News & Press

Read about recent events, essential information and the latest community news.

Industry News
Tuesday, June 16, 2020 L.A. County Ends its PACE Program » As first reported by the Los Angeles Times , Los Angeles County has ended its involvement in the Property Assessed C...
Tuesday, June 16, 2020 States Title Achieves New Capital Funding » States Title, and its family of brands – North American Title Company and North American Title Insurance Company, announce...
Tuesday, June 16, 2020 Mortgages in Forbearance Decline » According to Black Knight CEO Anthony Jabbour, improvement was seen in the number of homeowners in forbearance for the fir...
Tuesday, June 16, 2020 PACE Desist and Refrain Order and State Warning » On May 27, the California Department of Business Oversight announced an order to ban from the PACE industry an Encino...
Tuesday, June 16, 2020 Stewart Information Services Acquires Appraisal Company » Stewart announced its acquisition of United States Appraisals. Stewart stated that the acquisition will strengthen Stewart...
Tuesday, May 19, 2020 California Title Insurance Premium Volume Up 9.5% in 2019 » The American Land Title Association’s (ALTA) Market Share Analysis shows that the title insurance industry generated $15.8...
Tuesday, May 19, 2020 Financial Accounting Standards Board Proposes to Delay Lease Accounting Rule » The Financial Accounting Standards Board (FASB) announced a proposed Accounting Standards Update (ASU) that would grant a...
Tuesday, May 19, 2020 Major Insurers Report Q1 Earnings » Fidelity Q1 Earnings Fidelity National Financial, reported that its title segment generated adjusted p...
Tuesday, May 19, 2020 Limited Extension for 1031 Exchanges by IRS » The IRS has granted relief until July 15, 2020 for taxpayers engaged in a 1031 exchange. The IRS has extended the 45-Day I...
Tuesday, May 19, 2020 MISMO Announces RON Certification Program » The Mortgage Industry Standards Maintenance Organization (MISMO) has announced a new Remote Online Notarization (RON) cert...
Tuesday, May 19, 2020 Home Purchase Sentiment Drops but Refinances May Surge » After falling 11.7 points last month, the Fannie Mae Home Purchase Sentiment Index decreased an additional 17.8 points in...
Tuesday, May 19, 2020 Mortgage Rates Hold Steady » Freddie Mac reported last week that its Primary Mortgage Market Survey®, showed that the 30-year fixed-rate mortgage avera...
Tuesday, May 19, 2020 Governor Gavin Newsom Expands Workers Comp Coverage for Covid-19 » Governor Newsom issued an executive order that workers who contract COVID-19 while on the job may be eligible to recei...
Tuesday, May 19, 2020 FinCEN Reissues Real Estate Geographic Targeting Orders » The Financial Crimes Enforcement Network (FinCEN) announced earlier this month the renewal of its Geographic Targeting Ord...
Tuesday, May 19, 2020 City of Los Angeles Adopts Ordinance Prohibiting Covid-19 Evictions » The L.A. City Council adopted an ordinance effective May 12 prohibiting COVID 19 evictions. During the Local Emergency Per...
Tuesday, May 19, 2020 Signatures Submitted for a New Privacy Initiative on the November Ballot » On May 4, Californians for Consumer Privacy, the group behind the California Consumer Privacy Act (CCPA) announced that it...
Tuesday, April 21, 2020 Real Estate and Settlement Services Deemed Essential by United States » On Saturday March 28th, the U.S. Department of Homeland Security, Cybersecurity & Infrastructure Security Agency (CISA...
Tuesday, April 21, 2020 Cybersecurity Risks During the COVID-19 Pandemic » The Patton Boggs law firm has offered the following guidance on measures that businesses can take in mitigating cybersecur...
Tuesday, April 21, 2020 FinCEN Alerts Financial Institutions About Fraud » The Financial Crimes Enforcement Network (FinCEN) advises financial institutions to remain alert about malicious or fraudu...
Tuesday, April 21, 2020 Fannie and Freddie Now Give Multifamily Relief in Addition to Single Family Mortgages » The Federal Housing Finance Agency (FHFA) announced this week that Fannie Mae and Freddie Mac (the Enterprises) will offer...
Tuesday, April 21, 2020 Home Listings Falling and List Price Growth Slowing » Listings are falling according to Realtor.com. In the weeks ending March 21 and March 28 respectively, the number of newly...
Tuesday, April 21, 2020 Demotech Affirms Financial Stability of Title Insurance Industry » Demotech Inc. recently concluded that the nation's title underwriters are financially healthy and possess the means to add...
Tuesday, April 21, 2020 CA Judicial Council Issues Emergency Court Rules on Unlawful Detainers and Judicial Foreclosures » The California Judicial Council issued emergency rules effective immediately that affectively stop unlawful detainers and...
Tuesday, April 21, 2020 Fixed Rate Mortgage Rates Remain Near All-Time Lows » Freddie Mac’s release of its Primary Mortgage Market Survey last week showed that the 30-year fixed-rate mortgage (FRM) av...
Tuesday, March 17, 2020 Deadline Approaching for Requiring Female Board Members » To comply with the new state law on female board representation, California publicly-traded companies will have to add 1,0...
Tuesday, March 17, 2020 CAR Looks at Coronavirus and Keeps Its Housing Market Forecast » The California Association of Realtors is not revising its current 2020 housing market forecast in light of the coronaviru...
Tuesday, March 17, 2020 Refinancing Eligibility Surges » Housing Wire reported that mortgage data and software firm Black Knight has calculated that low borrowing costs have made...
Tuesday, March 17, 2020 Publicly Traded Companies Report Title Segment Earnings » Fidelity Reports Earnings for Q4 and 2019 Fidelity National Financial reported that its title insurance divi...
Tuesday, March 17, 2020 Mortgage Applications Surge » Mortgage applications increased 55.4 percent from one week earlier, according to data from the Mortgage Bankers Associatio...
Tuesday, March 17, 2020 California Attorney General Issues Modifications to Proposed Privacy Regulations » On March 11 California Attorney General Xavier Becerra issued a set of modifications to the proposed privacy regulations....
Tuesday, March 17, 2020 What Housing Crisis? Los Angeles Home Purchased for $60 Million » The Wall Street Journal reports that a home in the Bel-Air section of Los Angeles has been purchased for $60 million by th...
Tuesday, February 18, 2020 FHFA Asks: Are PACE Loans a Threat to GSEs? » The Federal Housing Finance Agency (FHFA) is requesting input on residential energy retrofitting programs financed thr...
Tuesday, February 18, 2020 Ca's Median Home Price Jumps 10% with Low Inventory and Mortgage Raters Boosting Buying Competition » The median price for a single-family home in California jumped 10% in December, the biggest year-over-year gain in more th...
Tuesday, February 18, 2020 Fannie Mae Updates Fraud Alert for Southern California » Fannie Mae’s Mortgage Fraud Program alerts the industry to potential and active mortgage fraud scenarios. In 2018, Fannie...
Tuesday, February 18, 2020 Fannie and Freddie to Stop Buying LIBOR ARMs » The Federal Housing Finance Agency announced additional steps Fannie Mae and Freddie Mac are taking as they transition fro...
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