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.

(Added by Stats. 2020, Ch. 37, Sec. 13. (AB 3088) Effective August 31, 2020.)

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Terms Used In California Civil Code 3273.12

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.