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Industry News
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...
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...

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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