Add to ORKGLimits new loan\u27s value to sum of the property\u27s current market value, plus amount of certain cash distributions under the first mortgage. Extinguishes borrower\u27s obligations on prior loans secured by the property. Prohibits reporting loan conversion to consumer credit agencies. Requires lenders to consent to short sale of nonowner-occupied property, upon borrower\u27s request. Applies retroactively. Summary of estimate by Legislative Analyst and Director of Finance of fiscal impact on state and local government: The fiscal effect of this measure on state and local government is probably insignificant
Amends California Constitution to declare that governmental entities within California, including ci...
Amends and renumbers Section 22 of Article XX of the State constitution to provide subject to limi...
Prohibits use of certain property tax revenues allocated from a redevelopment project area to secure...
Makes home ownership fundamental right. Prohibits lenders from foreclosing on California citizen\u27...
Limits new loan\u27s value to sum of the property\u27s current market value, plus amount of certain ...
STATE-FUNDED RESIDENTIAL LOANS. INITIATIVE CONSTITUTIONAL AMENDMENT. Establishes State-owned bank to...
Changes existing law to require that commercial property be assessed at fair market value at least o...
INTEREST RATES - LOANS AND JUDGMENTS. INITIATIVE CONSTITUTIONAL AMENDMENT. Amends usury provisions o...
Provides that no law shall require that the owner of any property within the State of California obt...
LOAN INTEREST RATES. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Amends constitutional limit of 10 percent...
Changes existing law to require that commercial property be assessed at fair market value at least o...
STATE-FUNDED RESIDENTIAL LOANS. INITIATIVE CONSTITUTIONAL AMENDMENT. Establishes State-owned bank to...
PRICE FOR REAL PROPERTY. INITIATIVE CONSTITUTIONAL AMENDMENT. Would add a section to the California ...
TAX AND SPENDING LIMITS. INITIATIVE CONSTITUTIONAL AMENDMENT. Increases homeowners\u27 property tax ...
Bars state and local governments from condemning or damaging private property for private uses. Proh...
Amends California Constitution to declare that governmental entities within California, including ci...
Amends and renumbers Section 22 of Article XX of the State constitution to provide subject to limi...
Prohibits use of certain property tax revenues allocated from a redevelopment project area to secure...
Makes home ownership fundamental right. Prohibits lenders from foreclosing on California citizen\u27...
Limits new loan\u27s value to sum of the property\u27s current market value, plus amount of certain ...
STATE-FUNDED RESIDENTIAL LOANS. INITIATIVE CONSTITUTIONAL AMENDMENT. Establishes State-owned bank to...
Changes existing law to require that commercial property be assessed at fair market value at least o...
INTEREST RATES - LOANS AND JUDGMENTS. INITIATIVE CONSTITUTIONAL AMENDMENT. Amends usury provisions o...
Provides that no law shall require that the owner of any property within the State of California obt...
LOAN INTEREST RATES. LEGISLATIVE CONSTITUTIONAL AMENDMENT. Amends constitutional limit of 10 percent...
Changes existing law to require that commercial property be assessed at fair market value at least o...
STATE-FUNDED RESIDENTIAL LOANS. INITIATIVE CONSTITUTIONAL AMENDMENT. Establishes State-owned bank to...
PRICE FOR REAL PROPERTY. INITIATIVE CONSTITUTIONAL AMENDMENT. Would add a section to the California ...
TAX AND SPENDING LIMITS. INITIATIVE CONSTITUTIONAL AMENDMENT. Increases homeowners\u27 property tax ...
Bars state and local governments from condemning or damaging private property for private uses. Proh...
Amends California Constitution to declare that governmental entities within California, including ci...
Amends and renumbers Section 22 of Article XX of the State constitution to provide subject to limi...
Prohibits use of certain property tax revenues allocated from a redevelopment project area to secure...