Mobile Mortgage News

State bill slowing foreclosures, agent says

posted 191 weeks ago on Mortgage Insider

Ken Dixon, a real estate agent with Re/Max who specializes in selling foreclosures, wrote me an e-mail Wednesday and said a state bill is slowing foreclosures as lenders make sure they communicate with struggling homeowners. The bill is SB1137, which Gov. Schwarzenegger signed July 8 and the foreclosure provision of the bill became law earlier this [...]
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