Private Action Under Law Requiring Lender To Explore Options Before Foreclosing

Question: Does a private right of action exist under California Civil Code § 2923.5, which prohibits a lender from filing a notice of default until it has contacted the borrower to "assess the borrower's financial situation and explore options for the borrower to avoid foreclosure"?

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.