Are there any special laws or regulations that protect me from foreclosure?

Yes, there are special laws and regulations in California that protect people from foreclosure. The California Homeowner Bill of Rights, which was passed in 2012, is one of the most important pieces of legislation that protects homeowners from foreclosure. The bill requires lenders and servicers to treat homeowners with respect and fairness when foreclosing and gives them the right to notice and access to information before any foreclosure action can take place. In addition, the Foreclosure Mediation Assistance Program was created to help homeowners who are facing foreclosure. This program provides free mediation between lenders and homeowners to help both parties resolve their differences and reach an agreement over home loan payments. The program also allows homeowners to work with the lender to modify the loan or help them find an alternate solution to avoid foreclosure. Finally, the California Housing Finance Agency (CalHFA) offers a counseling service to help homeowners understand their rights and options during foreclosure and to help them create a plan of action. CalHFA also provides resources and assistance with housing counseling and loan modification. Overall, California has a number of laws and regulations that protect people from foreclosure. These laws and regulations provide homeowners with the right to notice and access to information before foreclosure and also provide assistance programs and counseling services to help them keep their homes.

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Are there any special laws or regulations that protect me from foreclosure?

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