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Banking

Aug. 28, 2001

Bill to Spare Banks Penalties for Tardy Reconveyances

SACRAMENTO - A bill that would bail banks out of potentially millions of dollars in liability for delays in removing liens from mortgages threatens to derail several class actions and deprive trial lawyers of the attorney fees they hoped to collect for their work.

By Linda Rapattoni
Daily Journal Staff Writer
        SACRAMENTO - A bill that would bail banks out of potentially millions of dollars in liability for delays in removing liens from mortgages threatens to derail several class actions and deprive trial lawyers of the attorney fees they hoped to collect for their work.
       &nbs...

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