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Lenders Borrowers Divorce

Lewitt Hackman

California Code 2951: New Rules for Mortgages in a Divorce

Lewitt Hackman on

One of the most challenging aspects of asset division in a California divorce is dividing mortgage loans. Deciding which spouse will stay in the home is a challenge, but handling the mortgage adds another layer of complexity....more

Orrick, Herrington & Sutcliffe LLP

California enacts mortgage law on co-borrowing with divorces

On September 22, the Governor of California signed AB 3100 into law (the “Act”) which will change the requirements for conventional home mortgage loans in the state. The legislation will require any conventional home mortgage...more

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