California attorney general Kamala Harris announced Thursday that the final parts of the California Homeowner Bill of Rights have passed out of both houses and are awaiting action from the governor.
SB 1474, authored by Senator Loni Hancock (D-Berkeley), grants Harris’ office the ability to convene statewide grand juries to investigate and indict perpetrators of financial crimes involving victims in several counties.
AB 1950, authored by Assemblymember Mike Davis (D-Los Angeles) extends the statute of limitations for mortgage-related crimes from one to three years, giving the Department of Justice a better opportunity to fully investigate and prosecute complex mortgage fraud crimes.
Web Resource
http://www.dsnews.com/articles/final-homeowners-rights-bills-pass-in-california-legislature-2012-08-30
Web Resource
http://www.dsnews.com/articles/final-homeowners-rights-bills-pass-in-california-legislature-2012-08-30
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