Posts Tagged ‘SENATE’

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The bill, SB 94, authored by Sen. Calderon, will prevent a person or a business from charging an upfront fee to a borrower for helping negotiate a loan modification on that borrowers behalf. Such services are free of charge from non-profit housing counselors.

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Technorati Tags: Calderon, california, mortgage, scam, SENATE, state, Steinberg

New California Legislation Senate Bill 1137 finds that Current Foreclosure trends are violating Article 4 of the US Constitution. Now lenders are required with revised Civil Code 2923 to give Homeowners loan modifications.

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Technorati Tags: 1137, 2923.5, 2923.6, BILL, california, Civil, Code, foreclosure, Loan, Modification, mortgage, SENATE