It is the intent of the Legislature that a mortgage servicer offer a borrower a postforbearance loss mitigation option that is consistent with the mortgage servicer’s contractual or other authority.

(Added by Stats. 2020, Ch. 37, Sec. 13. (AB 3088) Effective August 31, 2020.)

Terms Used In California Civil Code 3273.12

  • Mortgage: The written agreement pledging property to a creditor as collateral for a loan.