A Significant Case For All Calif. Mortgage Lenders

By Elizabeth Sperling and Coral del Mar López (May 23, 2019, 12:58 PM EDT) -- On April 30, 2019, in Taniguchi v. Restoration Homes,[1] a California state appeals court resolved a question of first impression: Whether a borrower in California has the right to reinstate a mortgage loan that has been modified by paying only the amount in default under the loan modification agreement or can the lender accelerate all deferred amounts under the original, pre-modified loan terms....

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