by Moe Bedard
Under Assembly Bill 764, which was vetoed in October, violations will be subject to a fine of $20,000 for an individual and $60,000 for a corporation and up to one year in county jail.
The vetoed Homeowner Fraud Prevention Act was approved by California’s Democratic-led Legislature with wide bipartisan support. Nava is chairman of the Assembly [...]
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by Moe Bedard
Brown Calls on Banks and Loan Servicers to Detail Plans to Stem New Wave of Foreclosures
Los Angeles – Concerned about a “new wave” of foreclosures, Attorney General Edmund G. Brown Jr. today called on ten major banks and loan servicers to detail their plans to assist homeowners facing dramatic monthly payment increases on Pay [...]
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