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Loan Modification

: Loan Modification & Home Loan News

Banks appear close to killing foreclosure-prevention bill

By Moe Bedard

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The year’s last big mortgage foreclosure-prevention bill is on life support and its author is racing to revive it before the California Legislature recesses Tuesday night. The measure by Sen. Mark Leno (D-San Francisco) fell 14 votes short of the 41 needed to pass the Assembly after a coalition of banks, securities firms, home builders [...]

Full post as published by Loan Modification & Home Loan News on August 27, 2010 (boomark / email).

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