I think we all should feel very good

State lawmakers passed a groundbreaking set rayban sunglasses of foreclosure relief bills Monday that supporters say will help hundreds of thousands of struggling Californians stay in their homes. The legislation, the first of its kind in the nation, stops a practice by mortgage lenders that critics call one of the most egregious: "dual tracking," where a lender pursues foreclosure proceedings on a homeowner even though the homeowner is seeking a modification on the terms of the loan. Backers hope that change, along with others included in the package supporters call the California Homeowner Bill of Rights, will spur similar protections for property owners in states across the country. "I think we all should feel very good that we have done something that is the right thing to do," Attorney General Kamala Harris, the proposal's most prominent supporter, said shortly after the Assembly and Senate passed the legislation on an almost entirely party-line vote. One Republican and one independent joined Democrats in the Assembly, while only Democrats voted in favor in the Senate.Harris said 1 million Californians lost cheap oakley clearance sunglasses their homes to foreclosure between 2008 and 2011, and another 700,000 homeowners are in the foreclosure pipeline now. The bill is designed to help homeowners such as Pamela and David Hall, who have been struggling to keep their San Leandro home after their adjustable-rate mortgage skyrocketed and the value of their home plummeted. The couple has sought loan modifications numerous times. The bills mirror and extend protections that were implemented under a nationwide settlement between 49 state attorneys general and the five largest U.S. banks, a case brought over the practice of robosigning documents. Unlike that settlement, the new legislation would apply to all banks, although those that process fewer than 175 foreclosures a year would be exempt from some procedural requirements. Similar measures to help homeowners have repeatedly failed in California over the past four years, after lobbying by banks and other lenders who view the proposal as overreaching, and argue that it will stifle the housing-market recovery. But lawmakers credited Harris' involvement in the national mortgage settlement with shifting the political landscape at the Capitol. Brown's on board Gov. Jerry Brown indicated he would sign the measures into law. In a released statement he said, "The Homeowner Bill of Rights will prevent banks from throwing Californians out of their homes while they are trying, in good faith, to renegotiate their mortgages. This bill establishes important consumer protections that are long overdue and I commend Attorney General Kamala Harris for her determined pursuit of these changes." The changes would take effect Jan. 1 if they are signed into law. In addition to ending dual-tracking, the measures would require banks to provide all borrowers with a single point of contact when seeking to discuss their loan. Another element requires banks and other lenders to either approve or deny requests for a loan modification, along with requiring mac wholesale lenders to provide a clear explanation for their decision. Banks would also have to verify mortgage documents before a foreclosure and provide copies to borrowers upon request. The right to sue "This will prove to be one of the most important pieces of legislation this body will act on this year or any year," said Los Angeles Assemblyman Mike Feuer, one of several Democratic lawmakers who introduced the bills. Feuer in particular championed a provision of the legislation mac eyeliner pencil that was attacked by some Republican lawmakers and sets the California law apart from the national settlement: Giving borrowers the right to sue lenders for "significant, material violations" of the new laws.