State Affordable Housing Advocates Act On Foreclosure Crisis

Housing California, the statewide organization of affordable housing groups including SCANPH, is supporting a set of foreclosure-related bills designed to assist current borrowers and prevent future lending debacles of this magnitude.

Passage of these measures are being led by a statewide coalition of organizations by the California Reinvestment Coalition and California Center for Responsible Lending. The bills a

SB 1137 (Perata, D-Oakland): Foreclosure Process Reform
AB 69 (Lieu, D-Torrance): Servicer Data Collection
AB 1830 (Lieu, D-Torrance): Subprime Lending Reform Act
AB 2880 (Wolk, D-Davis): Regulating Mortgage Brokers
AB 2359 (Jones, D-Sacramento): Assignee Liability
AB 2740 (Brownley, D-Santa Monica): Regulating Mortgage Servicers

For more information, visit the Center for Responsible Lending's website.