California Legislature Sends Homeowner Bill of Rights to Governor
First-in-the-nation legislative package will make foreclosure process fairer, hold banks accountableBoth houses of the California Legislature today approved the Foreclosure Reduction Act, a bill designed to reduce unnecessary foreclosures in the state. The bill is the centerpiece legislation of Attorney General Kamala Harris' Homeowner Bill of Rights. “This is monumental,” said CRL California Director Paul Leonard. “For the past three years, the legislature has said ‘no’ to making the foreclosure process fairer for consumers. Today, they finally said ‘yes.’” AB 278 and SB 900 contain