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Real Estate & Property Law

: Housing Wire

Calif. Lawmaker Still Rallying Foreclosure Prevention Legislation

By DIANA GOLOBAY

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California Assemblyman Ted Lieu, D-Torrance, during the recent November special session introduced his proposal for a 120-day foreclosure moratorium. Lieu on Nov. 14 introduced the California Foreclosure Prevention Act, which was “designed to force Wall Street to help the citizens of ‘California Street.’? In addition to the moratorium and an exception for lenders with “comprehensive” [...]

Full post as published by Housing Wire on December 01, 2008 (boomark / email).

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