Bill to help homeowners avoid foreclosure


California Assembly Speaker Karen Bass and other assembly leaders joined Los Angeles Mayor Antonio Villaraigosa in Los Angeles on Tuesday to push a bill that would help homeowners avoid foreclosure. The Monitored Mortgage Workout Program would force banks to meet with borrowers and a state-appointed mediator before foreclosing homes. Hear an audio report by Ariel Edwards Levy of Annenberg Radio News.









Around the Capitol Report on AB 1588
 

Tags: antonio villaraigosa ariel edwards-levy foreclosure karen bass monitor mortgage workout program