The Golden State’s Senate has passed legislation that is intended to provide additional foreclosure protections for surviving spouses of deceased mortgage borrowers.
On Wednesday, California SB 1150, the California Homeowner Survivor Bill of Rights, passed the Senate by a vote of 22 to 13 and awaits Gov. Jerry Brown’s signature.
The bill would grant California widows and widowers who are not on the note greater protections against foreclosure and provide a better chance for a loan modification.
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