California Supreme Court
Dec. 4, 2015
CA Supreme Court hears foreclosure cases
The state's high court focused on the practical implications of allowing borrowers standing in court to challenge foreclosure, as well as consumer protections when short sales are pursued instead of foreclosures.
Daily Journal Staff Writer
LOS ANGELES ? In two mortgage-related cases argued Wednesday, the state's high court focused on what the real-world consequences of pro-borrower rulings would be on laypersons and the lending industry in light of the 2008 subprime crisis and foreclosure wave.
In Yvanova v. New Century Mortgage Corp., S218973, justices sought to answer whether borrowers who had already been through foreclos...
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