Junior Mortgages Doomed After AB 130?

By |2025-07-03T09:15:58-05:00July 16th, 2025|Advocacy, Compliance|0 Comments

Republished with permission from Doss Law. Original article published 7/1/2025 on dosslaw.com, "Junior Mortgages Doomed After AB 130?" On July 1, 2025 California AB 130 became operative law in California. Intended to remedy “zombie loans¹,” it goes further. Formally, it creates California Civil Code Section 2924.13. It targets “subordinate mortgages,” but does not define that term. If property [...]