Items Tagged with 'SB 1150'


  • California bill to protect surviving homeowners up for vote

    The Homeowner Survivor Bill of Rights
    California took initiative in 2013 and implemented California's Homeowner Bill of Rights, which stops mortgage servicers from engaging in abusive practices that were leading to unnecessary foreclosures on families throughout the state. The problem isn't over though. A new bill that should fix the problem areas is expected to be voted on next Monday.
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  • California loss-mitigation bill creates more problems than it solves

    Here are 8 unclear and dangerous provisions of bill
    California continues its effort to pass a law that would require loan servicers to work with successors to borrowers on loss mitigation options. Unfortunately, SB 1150, while well intended, has the potential to create more problems than it solves. Here are just some of the unclear and dangerous provisions of bill.
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