News & Press - California Land Title Association

News & Press

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

Industry News
Tuesday, August 21, 2018 National Flood Insurance Renewal Signed by President Trump » Typical for the renewal of the US flood insurance program, Congress waited until the very last minute to approve a four-mo...
Tuesday, August 21, 2018 Two Neighboring California Homes List for $368 Million Combined » The Wall Street Journal reports that two neighboring Bel-Air California homes are competing to become the most expensive h...
Tuesday, August 21, 2018 Proposition 13 Threatened by Ballot Initiative » A non-profit group, Housing California, announced that it’s turned in signatures for a ballot initiative to change Califor...
Tuesday, August 21, 2018 Fixed Rate Mortgage Remain Mostly Flat - Slightly Above 4.5% with Half a Point » Freddie Mac’s Primary Mortgage Market Survey® showed mortgage rates not moving much from the prior week. Freddie Mac repo...
Tuesday, July 17, 2018 State Ends Fiscal Year on a Positive Note » California received more tax revenue than expected during the month of June and for the entire 2017-18 fiscal year, which...
Tuesday, July 17, 2018 Blast from the Past - 25 Years Ago » In January of 1993 Bill Clinton was sworn in as President of the United States, and later that year the North American Fre...
Tuesday, July 17, 2018 Affordable Housing Funding Grows » Court Orders Governor Brown to Refund Housing Money A California Court of Appeal recently ordered Governor Brown to se...
Tuesday, July 17, 2018 Weekly Mortgage Applications Mixed » Mortgage applications increased 2.5 percent from one week earlier, according to data from the Mortgage Bankers Association...
Tuesday, July 17, 2018 Mortgage Rates Move Very Slightly Higher » Freddie Mac’s Primary Mortgage Market Survey showed that mortgage rates rose slightly over the past week. Sam Khater, Fre...
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...
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