346.7302 (Foreclosure Law); 346.7305 (Real Property and Foreclosure Procedures)

On September 20, 2024, California Governor Gavin Newsom signed AB 2424, a landmark bill aimed at strengthening protections for mortgage borrowers facing foreclosure. Set to take effect on January 1, 2025, the new law introduces critical changes to the foreclosure process, offering additional support and resources to homeowners in default. Mortgage lenders will need to…