News & Press - California Land Title Association

News & Press

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Industry News
Tuesday, February 20, 2018 House Passes ALTA-supported Bill to Fix TRID » Per the ALTA , by a vote of 269-143, the U.S. House of Representatives on Wednesday passed a bill that corrects the inacc...
Tuesday, January 16, 2018 New Tax Law Retains Low-Income Housing Incentives » The tax bill recently signed into law by President Trump has several incentives for low-income housing. First, the...
Tuesday, January 16, 2018 First American Acquiring Lien Release Business » First American Financial Corporation announced that it expects a first quarter closing of its agreement to acquire Bank of...
Tuesday, January 16, 2018 California Title Industry Generates $473.8 Million in Premiums in the Third Quarter » The ALTA Third Quarter Market Share Analysis shows that nationwide title premiums in the third quarter of 2017 were $3.9 b...
Tuesday, January 16, 2018 CLTA Exploring eNotarization Options as ALTA Collaborates with MBA on Model Online Notary Bill » The Mortgage Bankers Association (MBA) and the American Land Title Association (ALTA) have collaborated on a model remote...
Tuesday, December 19, 2017 FHA to Cease Insuring Mortgages with PACE Assessments » The Department of Housing and Urban Development (HUD) announced on December 7th that that it was reversing guidance issued...
Tuesday, December 19, 2017 Katy Perry Wins Property Lawsuit » Singer and performer Katy Perry has been awarded $5 million in damages after she and the Roman Catholic archdiocese of Los...
Tuesday, December 19, 2017 Large Southern California Real Estate Developer Files Bankruptcy » The Woodbridge Group, which owns millions of dollars of Southern California real estate, has filed for bankruptcy protecti...
Tuesday, December 19, 2017 Loan Limits Increased for 2018 » On November 28, the FHFA announced that it will raise the maximum conforming loan limits for mortgages purchased in 2018 b...
Tuesday, December 19, 2017 Governor Declares Disaster Areas in Southern California » Earlier this month Governor Edmund G. Brown, Jr. issued an emergency proclamation for Los Angeles County due to the Creek...
Tuesday, December 19, 2017 Liability Issues Confront Companies Dealing with Marijuana Businesses » While civil RICO lawsuits are emerging in other states to challenge marijuana business, California regulators and politici...
Tuesday, November 21, 2017 Key Changes with TRID Rule Update » In July, the CFPB finalized 560 pages of amendments to the TILA-RESPA Integrated Disclosure (TRID) rule. The amendments co...
Tuesday, November 21, 2017 State Revenues Close to Projections » State Controller Betty T. Yee reported that California’s total revenues of $6.74 billion for October were just $38.7 milli...
Tuesday, November 21, 2017 House Tax Bill - Changes to Mortgage Deduction and Exclusion of Home Sale Profits » California’s expensive housing markets face unfavorable changes under the recently released tax-reform bill. Mortgage int...
Tuesday, November 21, 2017 Lennar and CalAtlantic Plan to Merge » Homebuilder Lennar, which has North American Title Group in its organization, announced plans to merge in a $5.7 billion a...
Tuesday, November 21, 2017 C.A.R. Issues 2018 Housing Forecast » The C.A.R. housing forecast for 2018 sees a modest gain in existing single-family home sales of 1.0 percent next year to r...
Tuesday, November 21, 2017 Industry Earnings Remain Positive » F idelity Reports Q3 Results and Open and Closed Order Count Fidelity National Financial reported that its...
Tuesday, October 17, 2017 NAIC Adopts Model Data Security Law Although California Already Leads the Nation » During its summer meeting in August, the National Association of Insurance Commissioners Cybersecurity Working Group and I...
Tuesday, October 17, 2017 Home Style Question for October » Q. Popular homes from the 1950’s and 60’s. Typically, single story homes with large windows and geometric lines. Often...
Tuesday, October 17, 2017 President Trump's Tax Framework and California Property Taxes » President Trump’s tax plan for individuals, as introduced, could impact the decisions of potential buyers and sellers of C...
Tuesday, October 17, 2017 SEC Charges Fraud in REcoins Cryptocurrency Offering » The U.S. Securities and Exchange Commission has filed a complaint against the individual and companies behind an alleged c...
Tuesday, October 17, 2017 Mortgage Free Boomers Less Common » According to Fannie Mae, paying off the mortgage going into retirement has become less common in recent years. The 33 mill...
Tuesday, October 17, 2017 Rates Continue Upward Trend » Freddie Mac reported higher rates last week in its weekly mortgage market survey. The average 30 year fixed mortgage rate...
Monday, September 18, 2017 FinCEN Expands GTOs to Wire Transfers » On August 22nd the Financial Crimes Enforcement Network (FinCEN) announced the issuance of revised Geographic Targeting...
Monday, September 18, 2017 Home Style Question for September » Q. Small, cozy homes from a storybook. Charming leaded windows and decorative walkways. Thinks l...
Monday, September 18, 2017 eRecordings Move Forward » The Property Records Industry Association (PRIA) recently reported that there are now 1,700 recording jurisdictions electr...
Monday, September 18, 2017 Reverse Mortgage Rules Change » The Department of Housing and Urban Development (HUD) announced new rules for government-backed reverse mortgages that...
Monday, September 18, 2017 California Leads in Speed of Loan Closings » California home loan closings for millennial borrowers averaged 37 days in July according to the Ellie Mae Millennial Trac...
Monday, September 18, 2017 California Title Industry Generates $287 Million in Premiums During First Half of Year » The California title insurance industry generated over $827 million in title insurance premiums during the first half of 2...
Monday, September 18, 2017 Freddie Mac Sees Potential for Higher Rates » Freddie Mac reported that the 30-year mortgage rate remained unchanged last week at 3.78 percent, although, following a sh...
Tuesday, August 15, 2017 Fed Investigation of Foreclosure Bid Rigging Yields Convictions » A real estate investor was recently sentenced to 21 months in prison after being convicted in December of 2016 of rigging...
Tuesday, August 15, 2017 CAR Files Ballot Measures to Extend Transfer of Base Year Values » Today, under certain circumstances, homeowners over the age of 55 can transfer the lower tax value of their home to a new...
Tuesday, August 15, 2017 Home Style Question of the Month » Q. Bungalow style front porches, low-pitched roofs, intricate woodwork and stonework, arched interior doorways. Ori...
Tuesday, August 15, 2017 Earnings Remain Strong Although Orders Decline » Fidelity National Financial Fidelity National Financial reported second quarter pre-tax e...
Tuesday, August 15, 2017 Corelogic Adds Clareity Software » According to Inman News , CoreLogic has announced that it added Clareity security software solutions to its suite of Real...
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