California Civil Code

§ 3273.10

CIV § 3273.10 Effective Jul 18, 2024Div. 3 · Title 19 · Part 4 · Ch. 2

Statute text

(a)If a mortgage servicer denies a forbearance request made during the effective time period, the mortgage servicer shall provide written notice to the borrower that sets forth the specific reason or reasons that forbearance was not provided, if both of the following conditions are met:

(1)The borrower was current on payment as of February 1, 2020.

(2)The borrower is experiencing a financial hardship that prevents the borrower from making timely payments on the mortgage obligation due, directly or indirectly, to the COVID-19 emergency.

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Legislative history

Amended by Stats. 2024, Ch. 142, Sec. 6. (AB 295) Effective July 18, 2024.