Administrative/Regulatory
Jun. 8, 2010
Homeowner Bill Faces Hurdles
A bill that is facing stiff opposition from lender advocacy groups could soon give California homeowners a new legal tool to fight off foreclosures while trying to modify their loans.
Daily Journal Staff Writer
A bill to give California homeowners a new legal tool to fight off foreclosures while trying to modify their mortgages faces stiff opposition from lender advocacy groups.
Legislation that has passed the California Senate would give struggling homeowners a so-called "private right of action," which would allow them to seek limited damages for bank error when their home ...
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