Newest Foreclosure Law in California- California Homeowner Bill Of Rights Information
[caption id="attachment_5722" align="aligncenter" width="455" caption="Assembly Bill 278 and SB900 become California's newest foreclosure law"][/caption] The bill, introduced by Attorney General Kamala Harris and championed by homeowners and consumer advocates, was signed by the governor the other day. Does this mean no more Short Sales going to foreclosure at the 11th hour? Is it possible this could stop lenders and servicers from running foreclosures and short sales simultaneously, with no communication between departments? Only time will tell, but Sacramento Short Sale Agents like me are hoping! “The California Homeowner Bill of Rights will give struggling homeowners a fighting shot to keep their home,” said California Attorney General Kamala D. Harris. “This legislation will make the mortgage and foreclosure process more fair and transparent, which will benefit...
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