Northern California Mortgage Mods

Posts on ‘February 25th, 2009’

California Adopts Moratorium On Home Foreclosures

Governor Schwarzenegger signed into law a 90-day moratorium on home foreclosures.  That’s great news for families struggling to keep their homes, but does it do enough?
A close examination of the law shows there are some significant loop holes for mortgage companies.  They don’t have to comply with the moratorium if they are offering modifications to [...]