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Industry News
Tuesday, June 19, 2018
FinCEN Extends GTOs without Disclosing Details »
The Financial Crimes Enforcement Network (FinCEN) denied a Freedom of Information Act (FOIA) request on Geographic Targeti...
Tuesday, June 19, 2018
Are Real Estate Agents Now Employees? »
The California Supreme Court recently gave a boost to those arguing in favor of being treated as employees rather than ind...
Tuesday, June 19, 2018
Board of Equalization Looks at Deed Rescissions »
Staff of the Board of Equalization has initiated a project to issue a Letter to Assessors to summarize the various written...
Tuesday, June 19, 2018
Market Share Results Out for 2017 »
The total title insurance premiums for 2017 show that four major title insurance company groups made up over 85 percent of...
Tuesday, June 19, 2018
Misrepresentation of Borrower Employement Scheme »
Fannie Mae’s Mortgage Fraud Program (MFP) alerts the industry to potential and active mortgage fraud scenarios. This al...
Tuesday, June 19, 2018
Delinquencies at 11-Year Low »
According to CoreLogic’s Loan Performance Insights Report, the delinquency rate in March was 4.3% nationwide, an 11 year l...
Tuesday, June 19, 2018
Mortgage Demand Falls »
Even before the Fed rate increase announced last week and the possibility of more rate increases this year, mortgage deman...
Tuesday, June 19, 2018
Mortgage Rates Continue to Rise »
According to the latest Primary Mortgage Market Survey data released Thursday by Freddie Mac, the 30-year fixed-rate avera...
Tuesday, June 19, 2018
JetClosing Settlement Company Raises Funds »
JetClosing, A Seattle-based digital settlement company, has closed a $20 million round of funding. JetClosing said the ne...
Tuesday, May 15, 2018
California Housing Market Remains Hot, But Other Markets See Fast Sales Too »
California slipped a bit in realtor.com®’s hottest housing markets list for April, the first time in years. Each month, re...
Tuesday, May 15, 2018
Commercial Appraisal Exemption Increased by Feds »
Although some federally related commercial real estate transactions have not required an appraisal since 1994, that exempt...
Tuesday, May 15, 2018
TRID "Black Hole" Closing Disclosure Fix by CFPB »
The real estate industry calls the TRID “black hole,” the rule that once a Closing Disclosure has been provided, a revisio...
Tuesday, May 15, 2018
First Quarter Earnings Remain Positive »
  Old Republic The title insurance group of Old Republic International generated pre-tax income...
Tuesday, May 15, 2018
Mortgage Rates Unchanged »
> Freddie Mac released the results of its Primary Mortgage Market Survey (PMMS) last Thursday, showing that mor...
Tuesday, May 15, 2018
California Moves Towards Mandatory Solar Panels on New Homes »
Last week the California Energy Commission voted to mandate solar on new homes, condominiums, and apartment buildings up t...
Tuesday, April 17, 2018
It's Not Just California That's Expensive »
A developer has reportedly paid $127 million for a 41,582-square-foot residential development in Singapore. The property...
Tuesday, April 17, 2018
Radian Purchases Entitle Direct »
Radian Group Inc. recently announced it acquired Entitle Direct Group, Inc., a national title insurance and settlement ser...
Tuesday, April 17, 2018
Freddie Mac Survey Shows Preference for Renting »
Research released by Freddie Mac finds that increasing numbers of our population are less interested in owning their own h...
Tuesday, April 17, 2018
Housing Sentiment Remains Volatile, Edges Back Up »
The Fannie Mae Home Purchase Sentiment Index (HPSI) rose 2.5 points in March to 88.3, reversing last month’s decrease. Th...
Tuesday, April 17, 2018
Would a Title Professional You Know Benefit from PRIA Membership? »
The Property Records Industry Association, through the generosity of a grant from Ernst Publishing, offers the opportunity...
Tuesday, March 20, 2018
Insurance Commissioner Jones Hosts Diversity Summit »
Insurance Commissioner Dave Jones on March 2 hosted the first Governing Board Diversity Summit. The event brought together...
Tuesday, March 20, 2018
TRID Changes Not Yet in Financial Reform Legislation »
The House of Representative passed the TRID Improvement Act of 2018  by a voice vote and sent it to the Senate a...
Tuesday, March 20, 2018
CLTA Files ALTA Short Form Commitment for an ALTA Short Form Residential Policy »
The ALTA Short Form Commitment for an ALTA Residential Loan Policy (12-01-17) will replace the current version of the ALTA...
Tuesday, March 20, 2018
Freddie Mac Rate Survey Shows Slight Rate Drop »
Last week Freddie Mac released the results of its weekly mortgage market survey, showing the 30-year fixed mortgage rate d...
Tuesday, March 20, 2018
Homes Sales Steady While Refinance Activity Down »
There were 28,300 closed escrows on California homes in January of this year, or about the same as in January 2016, accord...
Tuesday, March 20, 2018
Fidelity National Financial Announces Merger Agreement to Acquire Stewart Information »
Fidelity National Financial, Inc. announced in a press release Monday morning that it has signed a merger agreement to acq...
Tuesday, February 20, 2018
Tech Construction Company Gets Funding – Another Uses 3-D Printing »
California start-up Katerra Inc. received over $800 million in funding from SoftBank Group and other investors. Katerra,...
Tuesday, February 20, 2018
Mulvaney Wants CFPB to Stick to the Law »
A newly released strategic plan from the CFPB for the 2018-2022 fiscal years emphasizes sticking to the Bureau’s statutory...
Tuesday, February 20, 2018
Comments on Proposed CA PACE Rulemaking Available »
Last year California Governor Jerry Brown signed legislation creating a new licensing scheme for Property Assessed Clean E...
Tuesday, February 20, 2018
Title Industry Supports Clarifying Scope of CFPB Insurance Jurisdiction »
The American Land Title Association (ALTA) is one of eight insurance trade groups supporting a bipartisan bill introduced...
Tuesday, February 20, 2018
South Burlington Vermont Exploring Blockchain Prototype »
Propy Inc., based in Palo Alto, is launching a pilot project with South Burlington, Vt., on a blockchain prototype designe...
Tuesday, February 20, 2018
Quicken Leads in Q4 Mortgage Originations but Wells Fargo Keeps Top Spot for 2017 as a Whole »
Quicken Loans Inc. reported that it overtook Wells Fargo in mortgage originations in the fourth quarter of 2017 by origina...
Tuesday, February 20, 2018
Combined Major Title Insurers 4th Quarter Pre-Tax Income Declines »
The combined fourth quarter pre-tax income for the title segments of the four major title insurance groups declined slight...
Tuesday, February 20, 2018
Change in Ownership Letter from Board of Equalization »
The Board of Equalization recently sent a letter to county assessors discussing change in ownership determinations involvi...
Tuesday, February 20, 2018
Fannie Mae to Ask for More Capital »
For the fourth quarter of 2017, Fannie Mae reported a net after-tax loss of $6.5 billion and a comprehensive loss of $6.7...

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California Land Title Association


1215 K Street #1816 Sacramento, CA 95814-3905
Email: mail@clta.org  |  Phone: 916-444-2647  |   Fax: 916-444-2851