California Goes Gangbusters Against Abusive Lending, Passes Sweeping Foreclosure-Protection Law

California Goes Gangbusters Against Abusive Lending, Passes Sweeping Foreclosure-Protection Law

Hey, rest of the country that isn’t California! This is how you do it: California legislators went ahead and approved a sweeping bill on Monday that is basically a homeowner bill of rights, including ending abusive practices by mortgage lenders while at the same time helping homeowners evade the abyss of foreclosure. California ain’t kidding around. [More]