Given the current state of affairs and the orders coming from the federal to local governments, we are holding a virtual townhall meeting to discuss how Covid-19 and the governmental responses are affecting our industry including the closure of public locations, limits on the number of people congregating (what if...

UTA joined and supported the California Mortgage Association and the California Mortgage Bankers Association in an amicus brief prepared by Wright Finlay & Zak on the Taniguchi v. Restoration Homes LLC, case. The purpose of the amicus was to get the Court of Appeal to understand that a clear line...

The Court held in Williams v 21st Mortgage Corporation that a defaulting borrower who breaches the terms of her Chapter 13 plan by failing to make her post confirmation payments to the lender (who then obtains relief from stay) is not required to tender the allegedly current pre-petition payments as...

By Michael Belote, UTA California Lobbyist, California Advocates The California Legislature returned to Sacramento on January 6 to begin the second year of the current 2019-2020 two-year session.  Under the state constitution, the Legislature must adjourn this year by midnight, August 31. 2020 promises to be a wild year in...

By Holly Chisa, HPC Advocacy, UTA Washington State Lobbyist During the Washington State legislative session, it’s become clear that the Legislature is financially well off.  With over $1 billion in new revenue projected, balancing the budget is no longer a challenge. What happens when the state is flush with cash...

UTA’s Orange County Dinner – scheduled for April 23rd – will now be a virtual discussion. Members will be able to logon to the discussion via Zoom on April 23rd at 2:00 pm. Mike Belote, UTA’s California Lobbyist, from California Advocates, will update participants on California legislation involving a new...

Please welcome the following two members to UTA: – Heather Rich, First American Mortgage Solutions, Folsom, CA – David Tith, McCalla Raymer Leiber Pierce, LLP, Long Beach, CA   And congratulations to the following member on passing the California Basic Foreclosure Certification Exam: – Deborah Macias, Vacation Ownership Title Agency...

UTA’s Legislative Committee has produced its 2020 Legislative ‘Wish List’ for California. UTA has drafted language providing statutory authority to charge a fee for Notice of Rescission of an NOD in a reinstatement quote. Because it is unclear (Civil Code section 2924c(c)) whether current law authorizes the collection of the...

Los Angeles Times columnist David Lazarus’ column (January 9) noted that California Governor Gavin Newsom … “unveil[ed] a California Consumer Financial Protection Law as part of his proposed 2020-21 state budget.” The proposed California Consumer Financial Protection Law would overhaul the existing Department of Business Oversight and rename it the...

HB 2453, introduced in Washington State, would extend tenant protections to homeowners AFTER the trustees sale, requiring the purchaser of the home at auction to follow landlord/tenant laws for eviction. UTA’s Washington Lobbyist, Holly Chisa, has met with the bill’s prime sponsor, Rep. Nicole Macri (D-43) in order to discuss...