Calif. Homeowner Bill of Rights Nears Passage




KQED's Forum show

Summary: Today, the California state Legislature is scheduled to vote on a package of bills to protect homeowners at risk of foreclosure. The legislation is backed by the attorney general, but faces criticism by the California Bankers Association and others who say it will "encourage frivolous litigation." The action comes as a new report finds 11 percent of borrowers in the state at risk of foreclosure.