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 onĀ dosslaw.com, "Junior Mortgages Doomed After AB 130?" On July 1, 2025Ā California AB 130Ā became operative law in California. Intended to remedy ā€œzombie loans¹,ā€ it goes further. Formally, it creates California Civil Code Section 2924.13. It targets ā€œsubordinate mortgages,ā€ but does not define that term. If property [...]