[quote=CA renter]This is very good news for the California housing market. It means we can finally get on with the foreclosures so that we can finally allow the market to bottom. This is the only way a sustainable recovery can come about; everything else that’s been done so far has been a tremendous waste of time and money.
Let’s get this over with, already![/quote]
Other than a couple of very short delays, the foreclosure process problems that servicers face in other states isn’t something that has had much of an effect on foreclosures in California. There are some top-down decisions that lenders may make (and may have already made) that will speed up the process. This isn’t one of them.
