Riddled throughout California’s Homeowner Bill of Rights are the words “repealed” effective “January 1, 2018”. If loan servicers assume that means the entire HOBR will be repealed and that all they have to worry about is complying with the CFPB loss mitigation rules—think again.

With its recent decision, the Ninth Circuit Court has barred claims against trustees in certain situations. Could it help keep future frivolous lawsuits at bay?