Does California Law Supersede FHA Foreclosure? | A Mortgage

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Warning. Although any federally backed loan, including a loan from the VA, won’t be affected by your non-borrowing spouse’s bankruptcy, this still could be a stressful time for you.

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Does California Law Supersede FHA Foreclosure? | A Mortgage On July 8, 2008, Governor Schwarzenegger signed into law senate bill 11371 ("SB 1137"), also known as the "Perata mortgage relief bill" in honor of its principal author, Senator John Perata of Oakland.

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In Northern California, the instructions are usually not signed until one or two days before the close of escrow. In southern california, escrow services are usually performed by independent escrow companies or financial institutions. In Northern California, the escrow services are usually performed by title insurance companies.