Government
Jul. 4, 2012
Lenders worry about mortgage relief
As California becomes the first state to implement legislation similar to much of the national mortgage settlement reached this year with major banks, all eyes will be on the courts to see whether the new laws spur litigation.
Daily Journal Staff Writer
As California becomes the first state to implement legislation similar to much of the national mortgage settlement reached this year with major banks, all eyes will be on the courts to see whether the new laws spur litigation.
Consumer advocates point out that the versions of two pieces of legislation approved Monday include a compromise that limits when homeowners can sue to stay in their homes. But th...
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