News & Analysis as of

Mortgages California Governor Newsom

The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and... more +
The term "mortgage" typically refers to a mortgage loan.  A mortgage loan is a financing instrument where an individual or business borrows money to purchase property (usually real property) and uses that property as collateral for the loan. less -
Snell & Wilmer

New Financial Relief for Displaced LA Households: LA County Household Relief Grant and Governor Newsom’s $125 Million Mortgage...

Snell & Wilmer on

Households impacted by the Los Angeles fires may be eligible for two new financial relief programs announced by Los Angeles County and the state of California this month. On February 14, 2025, the Los Angeles County...more

Sheppard Mullin Richter & Hampton LLP

California Passes Law Extending new Protections to Mortgage Borrowers

On September 20, Governor Newsom signed AB 2424, which establishes a significant set of new foreclosure notification and sale requirements for mortgage lenders. The law is effective as of January 1, 2025....more

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