California Corrects Homeowner Bill Of Rights Summary

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On January 1, the California Department of Corporations reissued Release No. 65-FS regarding implementation of key parts of the Homeowner Bill of Rights that established new foreclosure requirements. Originally published on December 4, the new version clarifies certain requirements for mortgage servicers, and corrects the operative date of provisions enacted by AB 1599, a bill requiring translated summaries of notices of default and sale.

Topics:  Department of Corporations, Foreclosure, Homeowner Bill of Rights

Published In: Administrative Agency Updates, Business Organization Updates, General Business Updates, Finance & Banking Updates, Residential Real Estate Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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