As of June 16th 2009, California's Foreclosure Prevention law took effect. This law says a bank can't foreclose on a mortgage without trying to renegotiate the terms of the loan or giving three months notice to the homeowner.
This bill was passed in February, and is very much like President Obama's HAMP (Home Affordable Modification Program) plan which began in March. HAMP is a $75 billion My Homeowners Advocate a leading mortgage solutions provider.
Sean Horan -
About the Author:
Sean Horan is the President of mortgage solution that will help you keep your
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