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: The Debt Podcast

California Foreclosure: 90 More Days Added under 2923.52(a)

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  Good news for California Homeowners who are in default on their mortgages.  On February 20, 2009, Governor Schwarzenegger signed ABX2 7 and SBX2 7.  These new laws provide additional time for borrowers to work out loan modifications who are presently facing foreclosure.  This law went into effect June 15, 2009.   Essentially, Civil Code Section 2923.52(a) now requires [...]

Full post as published by The Debt Podcast on June 20, 2009 (boomark / email).

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