California Supreme Court
Feb. 6, 2019
State high court considers lender’s rights in foreclosures
The state Supreme Court heard arguments Tuesday in a case that could change the balance of power between borrowers and lenders.
SACRAMENTO -- The state Supreme Court heard arguments Tuesday in a case that could change the balance of power between borrowers and lenders.
In 2017, the 4th District Court of Appeal ruled a lender holding both a senior and junior loan on foreclosed property can sue to recover the junior loan. This overturned a 25-year old precedent governing cases ...
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