The proposal, Assembly Bill 720, would give the lender one year to decide what to do with the property. At the end of that period, the lender could sell the property or opt to release the mortgage lien, an action that would keep the title in the name of the original owner even though that person may be long gone.
"We gotcha surrounded. Come on out with your hands up!"
Bill sponsors mapped
Realtor associations flexing their muscles?