Focus (Forum & Focus)
Jul. 25, 2008
Lending a Hand
Based on the state's alarming statistics, the Legislature enacted a series of changes to California’s foreclosure laws designed to deal with the mortgage meltdown, writes Mark S. Blackman. - Focus Column
By Mark S. Blackman
This article appears on Page 7
On July 8, 2008, the California Legislature adopted, and the governor signed Senate Bill 1137 finding that California was facing an unprecedented threat to the state economy and local economies because of skyrocketing residential property foreclosures. Between 2006 and 2007, residential real property foreclosures increased seven-fold. In 2007, more ...
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