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Tenancy: rental payment default: mortgage forbearance: state of emergency: COVID-19.

It became law on Aug 31, 2020.

CA AB 3088 · Assembly Bill · 2019–2020

Stage
Became law
Started in
Assembly
Sponsors
21
Latest action
Aug 31, 2020

What it does

Existing law prescribes various requirements to be satisfied before the exercise of a power of sale under a mortgage or deed of trust. 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 may take while a borrower is attempting to secure a loan modification or has submitted a loan modification application. Existing law applies certain of those requirements only to a first lien mortgage or deed of trust that is secured by…

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Where it stands

This bill passed and is now law.

  1. Introduced (Done)

  2. Committee (Done)

  3. Floor (Done)

  4. Law (Done)

    Aug 31, 2020

What moved

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Who is involved

Sponsors

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

In the news

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Where it goes next

Once a bill is decided, the questions are about what is done with it in California.

Work with this bill

Tenancy: rental payment default: mortgage forbearance: state of emergency: COVID-19. | 52