Juan Vargas
- Democratic
Author
Existing law, until January 1, 2013, prohibits any person who negotiates, attempts to negotiate, arranges, attempts to arrange, or otherwise offers to perform residential mortgage loan modifications for mortgages and deeds of trust secured by real property containing 4 or fewer dwelling units, or other forms of mortgage loan forbearance for a fee paid by the borrower, from demanding or receiving any preperformance compensation, requiring collateral to secure payment, or taking a power of attorney from the borrower. Existing law makes the violation of those provisions a crime and, with respect to an attorney, cause for imposition of discipline. This bill would extend the operation of those provisions until January 1, 2017. By extending the operative effect of certain crimes, this bill would create a state-mandated local program. The California Constitution requires the state to reimburse local agencies and school districts for certain costs mandated by the state. Statutory provisions establish procedures for making that reimbursement. This bill would provide that no reimbursement is required by this act for a specified reason.
Chaptered by Secretary of State. Chapter 563, Statutes of 2012.
Approved by the Governor.
Enrolled and presented to the Governor at 4:30 p.m.
In Senate. Ordered to engrossing and enrolling.
Read third time. Passed. (Ayes 79. Noes 0. Page 5966.) Ordered to the Senate.
Read second time. Ordered to consent calendar.
From committee: Do pass. Ordered to consent calendar. (Ayes 17. Noes 0.) (August 8).
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 10. Noes 0.) (July 3). Re-referred to Com. on APPR.
From committee: Do pass and re-refer to Com. on JUD. with recommendation: To consent calendar. (Ayes 9. Noes 0.) (June 26). Re-referred to Com. on JUD.
Re-referred to Coms. on B., P. & C.P. and JUD.
Referred to Coms. on JUD. and B., P. & C.P.
In Assembly. Read first time. Held at Desk.
Read third time. Passed. (Ayes 39. Noes 0. Page 3667.) Ordered to the Assembly.
Ordered to special consent calendar.
Read second time. Ordered to third reading.
From committee: Be placed on second reading file pursuant to Senate Rule 28.8.
Set for hearing May 14.
From committee: Do pass and re-refer to Com. on APPR. with recommendation: To consent calendar. (Ayes 5. Noes 0. Page 3309.) (April 24). Re-referred to Com. on APPR.
(Received by the Desk on April 27 pursuant to Joint Rule 61(b)(5).)
Set for hearing April 24.
From committee: Do pass and re-refer to Com. on JUD. (Ayes 6. Noes 0. Page 3119.) (April 11). Re-referred to Com. on JUD.
Set for hearing April 11.
From printer. May be acted upon on or after February 23.
Introduced. Read first time. To Com. on RLS. for assignment. To print.
| Bill Text Versions | Format |
|---|---|
| SB980 | HTML |
| 01/23/12 - Introduced | |
| 08/16/12 - Enrolled | |
| 09/25/12 - Chaptered |
| Document | Format |
|---|---|
| No related documents. |
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