California Codes, Civil Code - CIV, Division 3 — Obligations, Part 4 — Obligations Arising from Particular Transactions, Title 19 — COVID-19 Small Landlord and Homeowner Relief Act, Chapter 2 — Mortgages, Section 3273.12
It is the intent of the Legislature that a mortgage servicer offer a borrower a postforbearance loss mitigation option that is consistent with the mortgage servicer’s contractual or other authority.
Notes
Establishes legislative intent only that a mortgage servicer offer a borrower a postforbearance loss-mitigation option consistent with the servicer’s contractual or other authority. The provision states that intent rather than an operative rule and does not specify a particular option, deadline, eligibility condition, or required result.
Use as reference
Lexinter.net | California Code, Civil Code - CIV § 3273.12 | https://laws.lexinter.net/codes/california/civil-code/division-3/part-4/title-19/chapter-2/section-3273-12