Calif. Mortgage Overhaul May Raise Preemption Challenges

By Erin Coe (July 5, 2012, 11:06 PM EDT) -- As the remaining homeowner protection measures proceed through the California Legislature, experts say the legislation that would make the state the first in the U.S. to put most of the national mortgage settlement with several banks into law is likely to face challenges in court claiming it is preempted by federal law....

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