News & Press - California Land Title Association

News & Press

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Industry News
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, 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...
Tuesday, January 15, 2019 Mortgage Rates Dropping » On Thursday Freddie Mac released the results of its Primary Mortgage Market Survey showing rates dropping significantly ac...
Tuesday, January 15, 2019 IRS Lien Payoff Information Delayed » According to the ALTA, the continued government shutdown is disrupting closings and causing problems for title companies t...
Tuesday, December 18, 2018 Conforming Loan Limits Raised » The Federal Housing Finance Agency (FHFA) announced the 2019 maximum conforming loan limits for mortgages to be acquired b...
Tuesday, December 18, 2018 Home Affordable Refinance Program Expiring » The Home Affordable Refinancing Program (HARP) is set to expire at the end of 2018. The program was established after the...
Tuesday, December 18, 2018 No Preemption on Interest in Impound Accounts » JPMorgan Chase Bank is set to face a lawsuit alleging that it did not pay interest on mortgage escrow accounts in violatio...
Tuesday, December 18, 2018 Mortgage Rates Decline » Freddie Mac reported last week that mortgage rates dropped after several weeks of moderating. Yet, rates remain significan...
Tuesday, November 20, 2018 Intercontinental Exchange Completes Acquisition of MERS » Intercontinental Exchange Inc. ICE, an operator of global exchanges and clearing houses and provider of data and listings...
Tuesday, November 20, 2018 Homeowners Staying Put » According to data from Attom Data Solutions, U.S. homeowners are staying put longer. The average length of ownership nati...
Tuesday, November 20, 2018 CLTA Members Wins ALTA Title Webby Award » ALTA announced the winners of the Title Webbies, an awards program recognizing member companies that have created or redes...
Tuesday, November 20, 2018 Third Quarter Title Insurer Earnings Higher Compared to 2017 » The four largest underwriting groups reported total third quarter profits from their title businesses were a combined $619...
Tuesday, November 20, 2018 Mortgage Payoff Statements Becoming Gateways to Mortgage Fraud » Fraudsters increasingly are initiating wire fraud scams by targeting the industry practice of emailing or faxing payoff re...
Tuesday, November 20, 2018 Four Charged in Sophisticated Los Angeles Real Estate Fraud Scheme » The Los Angeles County District Attorney’s Office announced four people have been charged with running a sophisticated rea...
Tuesday, November 20, 2018 ALTA Approves Revision to Closing Protection Letters » The ALTA Board of Governors approved a recommendation to revise the ALTA Closing Protection Letters (CPLs) and adopt four...
Tuesday, November 20, 2018 It's Not Just California - Palm Beach Florida Home Lists for $135 Million » A massive Palm Beach estate has listed for $135 million according to the Wall Street Journal. A sale at that price would...
Tuesday, November 20, 2018 Mortgage Rates Hold Steady » The latest Freddie Mac Primary Mortgage Market Survey (PMMS) shows that mortgage rates held steady after recent increases....
Tuesday, October 16, 2018 County Recorders Association of California Presentation » The Annual Conference of the County Recorders Association of California (CRAC) featured two title industry speakers on the...
Tuesday, October 16, 2018 Free Credit Report Freeze » In the wake of the last year’s Equifax mega-breach of nearly 148 million personal records, Congress passed a law that...
Tuesday, October 16, 2018 PRIA Releases Draft Electronic Records Preservation Paper » The Property Records Industry Association released a draft of its Electronic Records Preservation whitepaper. The paper wa...
Tuesday, October 16, 2018 MBA Reports Commercial Real Estate Market Remains Strong » During the first half of 2018, commercial real estate sales volume was 3 percent higher than a year earlier, led by increa...
Tuesday, October 16, 2018 Zillow Expects More California Cities to Join $1 Million+ Club » Zillow reports that only 197 cities of more than 10,000 analyzed have a median home value of $1 million or more but more a...
Tuesday, September 18, 2018 On-Line Homebuyer Company Expands » Opendoor, an online market place that has raised millions in funding, is now buying homes in Sacramento California and rep...
Tuesday, September 18, 2018 California Prices in Square Inches » Zillow Research recently reported how much property space a single dollar would buy in 35 large cities as measured in squa...
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