California’s AB 2501, the “Repossession and Foreclosure Moratorium Bill” Positioned to Be Reintroduced for Second Vote

California’s AB 2501, the “Repossession and Foreclosure Moratorium Bill” Positioned to Be Reintroduced for Second Vote

Sacramento, CA – 19 August 2020 – Apparently emboldened by the passage of AB 1436, the eviction and forbearance bill’s passage, California Assembly Woman Monique Limon re-placed on calendar for vote, AB 2501, the “Repossession and Foreclosure Moratorium Bill.” AB 2501, also monikered with the aesthetically pleasing title “The COVID-19: homeowner, tenant, and consumer relief Law of 2020”, This procedural move sets it for a second attempt at passage in the assembly next week.   

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California’s AB 2501, the “Repossession and Foreclosure Moratorium Bill” Positioned to Be Reintroduced for Second Vote – Credit Union CollectionsDelinquencyForeclosureNCUA

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