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Home Front

A blog about the economy and the Sacramento-area real estate market.

July 8, 2008
Governor signs foreclosure bill this morning

For those interested in watching: Note  live Webcast at 10:30 a.m.

Monday, July 7, 2008                                                   

 

Gov. Schwarzenegger's Schedule for July 8

 

10:30 a.m.       Press Conference

                      The Unity Council
1900 Fruitvale Avenue, Suite 2A

Oakland, CA

                              

Gov. Schwarzenegger, joined by Senate President pro Tem Don Perata (D-Oakland), will hold a press conference to sign SB 1137, which will help protect homeowners by requiring a mortgage holder to provide a 30-day notice to a borrower prior to filing any default notice leading to the foreclosure.

 

On Wednesday, the Governor released a statement in support of SB 1137.  

 

The press conference will be webcast live at www.gov.ca.gov.

 

Note: Press Secretary Aaron McLear will hold a media briefing at 11 a.m. in room 1190 at the State Capitol.

 

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