California Lawmakers Move Forward With Homeowner Bill of Rights

California Lawmakers Move Forward With Homeowner Bill of Rights

California is one of the many states hit in the gut by the collapse of the housing market, with at least a million homes already lost to foreclosure and about half as many struggling homeowners simultaneously trying to stave off foreclosure while jumping through hoop after hoop in the hopes of getting a mortgage modification. Yesterday, pending legislation that could help these homeowners came one step closer to being a reality. [More]