SB 818

SB 818 (Homeowners Bill of Rights) prevents dual tracking while also facilitating a process for struggling homeowners to work with their lenders. The Homeowners Bill of Rights (HBOR, 2012) amended California foreclosure procedures to ensure that a homeowner who experiences a financial hardship—such as a lost job or a death in the family—has a meaningful opportunity to be considered for all available alternatives to foreclosure before losing her home. Several key provisions of HBOR sunsetted at the end of 2017. This bill revives those provisions and makes them permanent. CLICC was a lead supporter of the bill and a key witness in committee hearings.