Darren Walsh, legal counsel, to my company explains how the bill that came into effect today will affect 2nd/Jr. lien holders’ rights to sue. A big win for the consumers. A special thanks to my broker, Heidi Kasama who helped spearhead the bill!
Take a look at the commentary at Darren’s blog: http://ameglegal.wordpress.com/2011/06/17/short-sale-junior-lien-holder-rights-other-changes/