6 California State Bills Concerning Foreclosure
California has 6 new bills concerning foreclosure they propose to:
End the process in which homeowners are continually passed frome one bank officer to another as well as a "dual track" practice of foreclosure and and loan modification.
Creating "robo signing" penalties.
Fining the lenders that allow properties to get blited.
Provisions to allow tenants more time to relocate.
These are in the new proposed bills. Expect major resistance by the big banking lobby.