california

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 [...]

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

Modifications to CA Civil Code 1916.1 Needed After Recent Court Ruling

By |2025-09-16T11:01:15-05:00May 1st, 2024|News|0 Comments

This article was updated 7.1.25 to reflect a business name change. On April 23rd 2024, members of the American Association of Private Lenders wrote to Assemblymember Kate Sanchez regarding the challenges posed by a recent court ruling affecting loan modification laws in California. The letter addressed the ambiguity in usury exemptions for loans arranged by [...]

By |2025-09-16T11:01:15-05:00May 1st, 2024|News|0 Comments

Proposed California bill would tax nearly all residences sold within 7 years of purchase

By |2025-09-16T11:05:25-05:00March 15th, 2022|Advocacy|1 Comment

California AB 1771 will charge an additional 25% capital gains tax on almost EVERY RESIDENTIAL PROPERTY sold within 3 years of purchase. UPDATE 4/25/22: The bill was heard for the first time by the Assembly Committee on Revenue and Taxation. Their bill analysis reiterated the main points of our official opposition letter: 1) that it [...]

By |2025-09-16T11:05:25-05:00March 15th, 2022|Advocacy|1 Comment

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