SB1178 Passes the Senate – Will It Protect More Homeowners from Deficiency Judgments?
SB1178 Passes the Senate - Will It Protect More Homeowners from Deficiency Judgments? The California Association of Realtors (CAR) sponsored SB 1178 which would give homeowners who have refinanced their homes the same non-recourse protections as those who never refinance their homes. When a loan is non-recourse, the…