Gov. Newsom signed Assembly Bill 2424, a bill that will expand upon California’s Homeowner Bill of Rights
On September 20th, Gov. Newsom signed Assembly Bill 2424, a bill that will expand upon California’s Homeowner Bill of Rights statutory regime and add even further restrictions on nonjudicial foreclosure proceedings in the state. The bill contains three critical revisions to existing nonjudicial foreclosure statutes. First, Civil Code section 2923.5 will be modified to include additional disclosures in loss mitigation outreach correspondence.… Read More