This is just a reminder that the California Homeowner Bill of Rights becomes effective January 1, 2013. Signed into law earlier this year, the Bill of Rights contains several significant mortgage and foreclosure reforms for residential property in California including: Required Documentation – Mortgage servicers will be required to fully document for consumers the servicers’… Continue Reading
Darrin Menezes
California Homeowner Bill of Rights Takes Effect January 1, 2013
Posted in Real Estate DevelopmentAssingnee of Deed of Trust Need Not Record Assignment Prior to Foreclosure
Posted in Real Estate DevelopmentOrdinarily, one who is assigned the beneficial interest in a debt secured by real property must record evidence of the assignment prior to exercising any power of sale by foreclosure or otherwise. Not so for deeds of trust says the Second District Court of Appeal. In its September 2011 decision in Calvo v. HSBC Bank… Continue Reading
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