Results for: lender Archives - Kriger Law Firm

Lender Foreclosures and Assessments


Civil Code Section 2924b was passed in January 1, 2009 which requires lenders to notify homeowners associations when they foreclose on property located within a homeowners association.  The lenders figured out how to avoid the notice requirement by foreclosing on properties and then refusing to record the transfer of ownership.  This allowed the lenders toContinue Reading >

New Law Requires Notification of Transfer After Foreclosure


AB 2273 (Wieckowski) makes needed changes to common interest development foreclosure procedures.  It adds Civil Code Section 2924.1 which requires that the Trustee’s Deed Upon Sale as to a property located within a common interest development be recorded within 30 days of the foreclosure sale. AB 2273 also amends Civil Code Section 2924b to require that information regardingContinue Reading >