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California Moratorium on Foreclosures Starts Today

Posted by admin on Jun 15, 2009 in General Information, Jaynelle Bell, Sellers, Watermark Properties

The California legislature has passed legislation that forbids lenders from foreclosing on any California property for the next 90 days. The moratorium starts today. The legislation was passed to ward off the expected flood of foreclosures that everyone has been hearing is “coming” after the expiration of the federal moratorium which expired [...]

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