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Supervisor Mirkarimi leads resolution supporting SB 729 to require clearer loan-modification notices
3005926 · April 16, 2025
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Summary
Supervisor Mirkarimi introduced a resolution supporting state Senate Bill 729 to require banks to give homeowners a clear yes or no on loan-modification applications before starting foreclosure.
Supervisor Mirkarimi introduced a resolution urging support for California Senate Bill 729, authored by state Senators Mark Leno and Darrell Steinberg, which would require banks to issue a clear yes-or-no decision to homeowners who have applied for loan modifications before starting foreclosure proceedings.
Mirkarimi…
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