Written by
The Associated Press
SACRAMENTO (AP) – California will become the first state to write into law much of the national mortgage settlement negotiated this year with the nation’s top five banks, if state lawmakers approve wide-ranging legislation on Monday.
Majority Democrats say they have the votes to approve the homeowner protection package despite opposition from business and lending organizations.
The legislation would require large lenders to provide a single point of contact for homeowners who want to discuss loan modifications. It would prohibit lenders from foreclosing while they consider alternatives to foreclosures. And it would let California homeowners sue lenders to stop foreclosures or seek monetary damages if the lender violates state law.
The protections would benefit all California homeowners, not just those whose mortgages are with the five banks that signed the national settlement.
The Associated Press
Author: timothymccandless
The Impact—and Your Opportunity
As Our Client left the hearing room, he knew this victory was bigger than just The Crossings. Other property owners facing similar issues could now challenge their assessments with greater confidence. The case set a precedent, demonstrating that robust, market-informed evidence could lead to fair property valuations.
It had been a battle, but he had proved that the system could be challenged—and that fairness in taxation was worth fighting for.
Could You Be Overpaying on Property Taxes?
If you own Large apartment complexes or commercial property, you may be paying far more in property taxes than you should. Just like Our Client, you have the right to challenge an unfair assessment and secure the tax savings you deserve.
At Lower Property Tax CA, we specialize in helping property owners like you reduce their tax burden. Our expert consultants and appraisal team will analyze your property’s financials, market conditions, and county assessment methodologies to build a strong case for a reduction.We recognize that every client's tax situation is unique. That's why we take the time to understand your specific needs and tailor our services accordingly. You can count on us to provide personalized attention to your tax matters.
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Works Rights Compliance Alliance 
Will this settlement get the government or Wells Fargo to discuss eggregious and illegal “equity” loan (predatory lending as the facts were hidden from homeowner) – who was given a loan with a payment twice her disability income, which was always negative amortization and which set me up for foreclosure?
A cover up to hide laws already on the books.