California Makes It Easier for AG To Investigate Mortgage Fraud
June 11, 2012
The California Assembly and Senate unanimously passed identical six-bill packages known as the California Homeowner Bill of Rights to simplify the state Attorney Generals ability to initiate and conduct statewide grand jury mortgage fraud investigations. The legislation has been designed to guarantee:Basic standards of fairness in the mortgage process, including an end to dual-track foreclosures.Transparency in the mortgage process, including a single point of contact for homeowners....