Steve Vondran "Attorney Steve®
Business, Real Estate, and Intellectual Property
San Francisco,
CA
More about me…
The Law Offices of Steven C. Vondran, P.C.
Address: 620 Newport Center Drive, Suite 1100, Newport Beach, CA, 92660
Fax: (888) 551-2252
Office: (877) 276-5084
We have been getting many calls lately from California homeowners (and even some commercial business owners) asking us if their lender can hold them liable for their second mortgage in California. And if so, can they sue them on the note without first seeking the foreclosure route. This article will attempt to provide some illumination to these issues and will relate to owner occupied single-family residences in California who have second mortgages that are in default or at risk of going into default. At issue is the One Action / Security First Rule of California Code of Civil Procedure Section 726(a).
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