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| Authors | Garcia | ||||||||||||||||
| Subject | Mortgages: principal residence. | ||||||||||||||||
| Relating To | relating to real property. | ||||||||||||||||
| Title | An act to add Section 2924.4 to the Civil Code, relating to real property. | ||||||||||||||||
| Last Action Dt | 2026-02-18 | ||||||||||||||||
| State | Introduced | ||||||||||||||||
| Status | Pending Referral | ||||||||||||||||
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| Analyses | TBD | ||||||||||||||||
| Latest Text | Bill Full Text | ||||||||||||||||
| Latest Text Digest |
Existing law generally regulates mortgages and mortgage servicers, including, among other things, prohibiting the acceleration of a loan secured by a mortgage upon specified transfers of residential real property. This bill would authorize a borrower who has reached retirement age to transfer the interest rate and remaining loan term secured by a mortgage on residential real property to a mortgage secured by a new principal residence, as specified. |