How YOU can Help Stop “Widow Foreclosures” by Contacting Governor Brown

SB 1150 approval by Senate

After months of hard work, hearings, and media coverage about Senate Bill 1150 (Leno, Galgiani), it was approved by the California Senate yesterday!

Now, the bill heads to Governor Brown.

And that’s where you can help!

If you have been impacted by this issue personally (or have friends or relatives who have), if you are a housing counselor or attorney who has helped “surviving homeowners,” or if you have followed this issue and believe in the need for SB 1150, then we need your help, as soon as possible.

If you have ten minutes, please write a quick letter to Governor Brown and put it in the mail.  We’ve been informed that real letters

Here’s a link to the sample letter.

If you have any questions, please contact CRC:  Kstein AT calreinvest.org.

And, we extend a HUGE thank you to Senator Leno and Senator Galgiani, the more than 60 organizations supporting SB 1150, the brave homeowners who have shared their difficult stories about facing needless foreclosures, and the housing counselors and legal aid attorneys who originally helped bring this problem to the public light. 

Sincerely,

The SB1150 Team

California Reinvestment Coalition

Housing and Economic Rights Advocates

California Alliance for Retired Americans

 

 

We need YOUR phone calls to stop widow foreclosures

Senate Bill 1150

 

Supporters of SB 1150: We NEED your phone calls  (ASAP) to these assemblymembers, asking them to vote YES on SB1150 to prevent more “widow foreclosures” on seniors in California.  If you can’t speak to somebody, please try to leave a message.  If you have any questions, please contact CRC: 415-8764-3980.
Priorities: Please call these assemblymembers first:
Cheryl Brown: Phone: (916) 319-2047
Nora Campos: Phone: (916) 319-2027
Ken Cooley: Phone: (916) 319-2008
Jim Cooper: Phone: (916) 319-2009
Tom Daly: Phone: (916) 319-2069
Bill Dodd: Phone: (916) 319-2004
Jose Medina: Phone: (916) 319-2061
Patrick O’Donnell: Phone: (916) 319-2070
Das Williams: Phone: (916) 319-2037
And if you have more time, please also contact these four assemblymembers:
Mike Gipson: Phone: (916) 319-2064
Jim Wood: Phone: (916) 319-2002
Jim Frazier: Phone: (916) 319-2011
Rudy Salas: Phone: (916) 319-2032

California Widower Explains Need for SB 1150

Michael Finney’s 7 on Your Side recently looked at Senate Bill 1150 and interviewed a widower from El Dorado County to learn how this problem is affecting people- and how SB 1150 could help fix it:

Ric Hornor lived in a home East of Sacramento with his wife Jody for 19 years before she died of a rare brain disorder.

The El Dorado County man has been fighting to keep his home from foreclosure ever since.

“It’s the first home and I would hope the last home that I would ever own. I love it here,” El Dorado County resident Ric Hornor said.

You can read the whole story here: Proposed Bill Could Protect Widows, Children from Foreclosures

Senate Bill 1150 will be voted on by the full assembly in August, 2016, and we need your help to let your elected officials know why they should vote YES on SB 1150.

Please contact us if you’re interested in helping!

 

Law to Protect Widowed Homeowners: How You Can Help

SB 1150 stops bad foreclosures

Imagine losing your wife or husband, and then facing the prospect of losing your home because of bank and mortgage servicer bureaucracy.

New legislation, introduced in California, Senate Bill 1150, would put a stop to these “red tape foreclosures.”

The bill has already passed out of the Senate and the next stop is the Assembly Committee on Banking and Finance.

If you have 5 minutes, can you pick up the phone and let these elected officials know that you support SB 1150 and you think they should also support stopping unnecessary foreclosures on vulnerable California seniors?

Assembly Committee on Banking and Finance Committee Members

Matthew Dababneh (Chair) Dem – 45:  Call him at: (916) 319-2045
Travis Allen (Vice Chair) Rep – 72: Call him at: (916) 319-2072
Katcho Achadjian Rep – 35:  Call him at: (916) 319-2035
Susan A. BonillaDem – 14:  Call her at: (916) 319-2014
Cheryl R. BrownDem – 47:  Call her at: (916) 319-2047
Ed Chau Dem – 49:  Call him at: (916) 319-2049
Mike Gatto Dem – 43: Call him at: (916) 319-2043
David Hadley Rep – 66: Call him at: (916) 319-2066
Young O. Kim Rep – 65: Call her at:  (916) 319-2065
Evan Low- Dem – 28: Call him at: (916) 319-2028
Sebastian Ridley-Thomas Dem – 54 Call him at: (916) 319-2054
Mark Stone Dem – 29: Call him at: (916) 319-2029

 

Widowed Homeowners a Step Closer to Avoiding “Red Tape Foreclosures”

Senate Bill 1150

Last Tuesday, the California Senate voted Senate Bill 1150, the Homeowner Survivor Bill of Rights (Los Angeles Times: Bill aimed at helping widows avoid foreclosure passes state Senate) forward. This means that widows, widowers, and other heirs are one step closer to avoiding what’s been called the “bureaucratic black hole,” when their loved ones pass away and they were the only ones listed on a mortgage.

Housing counselors, attorneys, and consumer advocates have been trying to address this problem for several years now, but banks and mortgage servicers have refused to follow new guidance from regulators on this issue.

In the most common scenario, a husband passes away, and his name was the only one on the mortgage.  When she contacts her mortgage servicer, she will likely face a mind-numbing bureaucracy of incorrect information, being passed back and forth between different departments, and delays lasting months or even years.  Incredibly, in a number of cases, surviving homeowners have been told they can’t talk to the bank until their deceased loved one signs a form authorizing them to do so.

Meanwhile, the foreclosure process is moving forward. Surviving heirs, numb from the loss of their loved ones, are also faced with the prospect of losing the home over their heads.

These survivor have an ownership interest in their home, yet the banks and servicers are engaging in the same practices that caused the California legislature (with strong support from Attorney General Kamala Harris) to pass the Homeowner Bill of Rights.

The next step for the bill is the Assembly Banking Committee.  We anticipate that the bank lobbyists will be working hard to maintain the status quo, so if you’re interested in helping to disrupt that status quo, please contact us.