The California legislature just approved key provisions of the Homeowners Bill of Rights designed to empower homeowners who are battling the loan modification process and fighting foreclosures. Two key bills — SB 900 and AB 278 — were passed by both Senate and Assembly.
The Joint Legislative Conference Committee on Foreclosure Issues passed the bills last Wednesday following strong public attention successfully generated by Occupy Fights Foreclosures and allied homeowner activist groups.
It's the first of its kind in the nation.
Two thirds of the Assembly voted for it -- including two Republicans.
More to come ... congratulations all who worked toward this!