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COVID-19: homeowner, tenant, and consumer relief.

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

CA AB 2501 · Assembly Bill · 2019–2020

Stage
Session ended
Started in
Assembly
Sponsor
1
Latest action
Jun 15, 2020

What it does

(1) Existing law prescribes various requirements to be satisfied before the exercise of a power of sale under a mortgage or deed of trust. In this regard, existing law requires that a notice of default and a notice of sale be recorded and that specified periods of time elapse between the recording and the sale. Existing law establishes certain requirements in connection with foreclosures on mortgages and deeds of trust, including restrictions on the actions mortgage servicers while a borrower is attempting to secure a loan modification or has submitted a loan modification application. Existing law also imposes requirements on loans secured by liens on motor vehicles.

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Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Current step)

    Introduced · Jun 15, 2020

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money in California.

Work with this bill

COVID-19: homeowner, tenant, and consumer relief. | 52