Connect with us

Economics

Governor Signs Leno´s Foreclosure Prevention Bill

Published

on

The Homeowner Survivor Bill of Rights, authored by Senators Mark Leno and Cathleen Galgiani, has been signed by Governor Brown. Senate Bill 1150 closes a loophole in California law that fails to provide surviving family members important protections against foreclosure that are available to other homeowners. 

 

“Facing foreclosure after the loss of a loved one can be devastating,” said Senator Leno. “The governor’s approval of SB 1150 will help keep more families in their homes and reaffirms California as a nationwide leader in protecting vulnerable homeowners.”

 

While the California Homeowners’ Bill of Rights—approved by the Legislature in 2012—provided foreclosure relief for thousands of California families, the legislation did not protect surviving family members who own their homes but are not listed on the mortgage.

 

These survivors report that servicers fail to provide factual information about loan details and foreclosure avoidance programs or refuse to communicate with them. As a result, many families have experienced unnecessary foreclosures.

 

SB 1150 clarifies the responsibilities of a mortgage servicer when a borrower dies and one of the surviving homeowners wishes to assume the loan. The legislation ensures that heirs receive accurate information about loan assumption and foreclosure prevention programs.

 

It also gives survivors a single point of contact with the servicer and the ability to apply for loan assumption and modification.

 

“The American dream has turned into a nightmare for people like me,” said Kit Dillon Givas, a surviving homeowner in Sacramento. “My husband passed away in February this year. Instead of spending time to properly grieve, I’ve spent the last six months trying to get my mortgage servicer to talk to me about how to keep our home of 28 years. I thank Governor Brown for signing this bill so that other survivors like me don’t have to go through what I have.”

 

“(This) is a victory for seniors, for protecting the largest asset most of us will ever own, for stopping mortgage servicing abuses that were leading to needless foreclosures, and for stabilizing California communities. We thank the nonprofit housing counselors, attorneys and other advocates who first brought these abuses to light, who helped homeowners to keep their homes, and who supported SB 1150 throughout the legislative process. We’re also grateful to the homeowners who courageously testified about the many challenges they faced so that other survivors wouldn’t have to in the future,” said Kevin Stein, associate director of the California Reinvestment Coalition, a co-sponsor of SB 1150.

 

SB 1150 was sponsored by the California Alliance for Retired Americans, Housing and Economic Rights Advocates and California Reinvestment Coalition. The bill was supported by Attorney General Kamala Harris, AARP and the California District Attorneys Association, as well as a long list of civil rights, housing and labor organizations.

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Activism

Oakland Post: Week of September 2 – 8, 2026

The printed Weekly Edition of the Oakland Post: Week of September 2 – 8, 2026

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Activism

Oakland Post: Week of August 26 – September 1, 2026

The printed Weekly Edition of the Oakland Post: Week of August 26 – September 1, 2026

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Activism

Oakland Post: Week of August 19 – 25, 2026

The printed Weekly Edition of the Oakland Post: Week of August 18 – 25, 2026

Published

on

To enlarge your view of this issue, use the slider, magnifying glass icon or full page icon in the lower right corner of the browser window.

Continue Reading

Subscribe to receive news and updates from the Oakland Post

* indicates required

CHECK OUT THE LATEST ISSUE OF THE OAKLAND POST

ADVERTISEMENT

Facebook

Prostate Cancer is Twice as Likely to Kill Black Men. Talking to Your Doctor Could Help Save Your Life
Community1 day ago

Prostate Cancer is Twice as Likely to Kill Black Men. Talking to Your Doctor Could Help Save Your Life

Activism4 days ago

Oakland Post: Week of September 2 – 8, 2026

Post Co-Publisher Gay Plair Cobb with Brendalynn Goodall. Courtesy photo.
Business2 weeks ago

Longtime BWOPA Member Brendalyn Goodall Appointed to California Workforce Development Board 

Jackie Wright of Wright Enterprises. Photo courtesy of Wright Enterprises.
Black History2 weeks ago

Jackie Wright Champions Bay Area Stories, Filmmakers and Cultural Institutions

San Francisco Chef Sharon Lee, culinary educator and owner of The Spot! Photo courtesy of Chef Sharon Lee.
Business2 weeks ago

Chef Sharon Lee Blends Culinary Excellence, Education and Empowerment

California State Assembly Chamber. Photo courtesy of California State Assembly.
Featured2 weeks ago

‘Passing a Law Isn’t The Finish Line’: California Assembly Evaluates Implementation, Results

Angie Nixon. Courtesy of Angie Nixon’s Facebook page.
Commentary2 weeks ago

OPINION: Angie Nixon Will Turn You Into a Democratic Socialist If Donald Trump Hasn’t Already

Asm. Mia Bonta (D-Oakland)
Community2 weeks ago

Gov. Newsom Signs Law Shielding Immigration Aid Workers From Doxing Threats

Audrey Smaltz' latest book "Every Inch a Lady" with Alina Mitchell, is a colorful autobiographical story following a young Black model's pursuit to become a fashion designer in New York City during the pre-Civil Rights era.
Black History2 weeks ago

BOOK REVIEW: Every Inch of a Lady

Local and state officials gathered at the State Capitol on Aug. 18 to discuss Proposition 1, a statewide bond measure that would fund housing and homelessness programs. Oakland Mayor Barbara Lee urged voters to approve the measure on the November ballot. Pictured to Lee’s right are Assemblymember Buffy Wicks (D-Oakland), Sacramento Mayor Kevin McCarty and Sen. Christopher Cabaldon (D-West Sacramento). CBM photo by Antonio Ray Harvey.
Community2 weeks ago

Big City Mayors Ask for “Yes” Vote on Housing Bond Measure; Conservatives Say “No”

A copy of Madeline M. Turner’s juicer patent.
Black History2 weeks ago

Madeline M. Turner: The Inventor Who Made Juicing Easier

Gubernatorial Candidate Steve Hilton. File photo.
Business2 weeks ago

Gubernatorial Candidate Steve Hilton Blasts California New Tire Rules; Newsom Hits Back

Ribbon cutting ceremony and celebration at Terminal 1, Gate 3 of Frontier Airlines at Oakland San Francisco Bay Airport. (L-R) Port of Oakland Executive Director Kristi McKenney, U.S. Representative Congresswoman Lateefah Simon (D-CA-12), Oakland Mayor Barbara Lee, Frontier Airlines Vice President of Public and Consumer Affairs Tyri Squyres, Oakland Metropolitan Chamber of Commerce president Barbara Leslie, and Port of Oakland Board President Stephanie Dominguez Walton. Photo by Carla Thomas
Business2 weeks ago

Frontier Airlines’ Return to Oakland Airport Brings Flights, Jobs and Opportunity

California Secretary of State Shirley Weber’s appearance at the UC Student and Policy Center drew a diverse audience. Weber, California’s chief elections officer, discussed election administration, voting by mail and national debates over election integrity. CBM photo by Antonio Ray Harvey.
Community2 weeks ago

Secretary of State Shirley N. Weber Urges Californians to Vote Early as Voter ID Battle Intensifies

Michael Love. File photo.
Education2 weeks ago

Gov. Newsom’s Latest Appointees Include Sacramento Advocate for Formerly Incarcerated Students; State’s New Tech Chief

Trending

Copyright ©2021 Post News Group, Inc. All Rights Reserved.