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Fwd: FW: California Senate Passes bill to extend anti-deficiency
As information:
*Feed:* Calculated Risk
*Posted on:* Wednesday, June 09, 2010 10:20 PM
*Author:* CalculatedRisk
*Subject:* California Senate Passes bill to extend anti-deficiency rules to
some Refinanced Mortgages
Under California law, purchase money loans are non-recourse. However once a
homeowner refinances, the entire mortgage is recourse ... that is probably
going to change:
The post was migrated from Yahoo.