California Foreclosure Law Passed

Posted by Sam Glover on July 10, 2008 | Permalink

“The thrust of the law is to require mortgage servicers to exhaust all avenues in order to contact borrowers and negotiate modified terms before foreclosing. It also provides limited protections for tenants affected by landlords’ foreclosures and imposes duties on foreclosing servicers to maintain properties.” California Foreclosure Law Passed | Consumer Law & Policy

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