California Assembly Banking and Finance Chair Monique Limon introduced sweeping mortgage legislation via an amendment to Assembly Bill 2501—a move that would significantly affect mortgages for both single-family and multifamily borrowers, Property Assessed Clean Energy (PACE) financing, payday loans, and loans secured by autos and mobile homes. Entitled the COVID-19 Homeowner, Tenant, and Consumer Relief …

[COVID-19] California Legislature Sets Its Sights on Mortgage Lenders Read More »