Monday, March 19, 2012

Foreclosures ‘stacked' against California borrowers

California Attorney General Kamala Harris recently unveiled a legislative package aimed at ending mistreatment of homeowners and tenants caught in the cross hairs of the foreclosure crisis. The plan includes measures to guarantee of a single point of contact for questions to their lenders about their mortgage, the restriction of “dual-track” foreclosures, and an increase in penalties for “robo-signing.”

Special Assistant Attorney General Brian Nelson answered questions about Harris’ proposed “Homeowners Bill of Rights.”

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