Relevant:
- A federal foreclosure lecture California can do without
- 9.9 Earthquake in Default Servicing Turns California Into Judicial Foreclosure State - Mandelman Matters
- Foreclosure activity plunges in California with new laws in effect
- Florida Bankers Want To Eliminate Homeowners Right to a Judicial Foreclosure
- California AG says mortgage servicers slow to adopt settlement changes
2012-04-24 — mortgagenewsdaily.com
A company owner from California wrote, saying, "I received an email from one of our wholesale sources saying their owner was in Washington DC and met with senior HUD official(s) and member(s) of Senate Finance Committee who indicated a HARP III program by end of June. It will allow conforming loans to be refi'd through FHA regardless of LTV or note holder.Â
...
Out in California Kamala Harris is attempting to transform the state's foreclosure system from non-judicial into a quasi-judicial one with numerous changes to the process and procedures via SB 1470 and another seven bills she is proposing.
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