Statute · California Civil Code
Cal. Civ. Code § 3273.24 — Mortgage Forbearance Act
Cal. Civ. Code § 3273.24
- Type
- Statute
- Source
- California Civil Code
- Jurisdiction
- California
- Date
- 2025-09-22
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) A mortgage servicer shall disclose to a borrower to whom a forbearance has been granted pursuant to Section 3273.23 that the forborne mortgage payments are required to be repaid.
Citator
Cal. Civ. Code § 3273.24 — Mortgage Forbearance Act is in force in the current edition of the Code, and nothing recorded condemns it.
(a) A mortgage servicer shall disclose to a borrower to whom a forbearance has been granted pursuant to Section 3273.23 that the forborne mortgage payments are required to be repaid.
(b) The disclosure required by subdivision (a) is only required to be furnished to the borrower once at the beginning of the forbearance period.
(c) A lump sum payment shall not be required for a borrower who was current on the residential mortgage loan when the borrower entered forbearance.