Perspective
Dec. 29, 2012
Homeowners' rights law set to take effect in January
The "Homeowner Bill of Rights" takes effect Jan. 1, 2013. Here are some of the significant provisions you should know. By Patrick T. Wong and Yesenia Garcia Perez
Dubbed as the "Homeowner Bill of Rights," Gov. Jerry Brown signed into law Assembly Bill 278/Senate Bill 900 making California the first state to adopt into law the residential mortgage foreclosure reform principles outlined in the February 2012 National Mortgage Servicing Settlement with the nation's top five mortgage servicers. The Homeowner Bill of Rights, or HBOR, takes effect on Jan. 1, 2013, and suns...
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