California foreclosure law for private lenders.
One issue every Wednesday. Statute analysis, sale-day math, and the case law that just shifted what your trust deed is worth.
Join 2924Statute analysis.
What Cal. Civ. Code § 2924 actually requires this week — not what a CLE said it requires three years ago.
Sale-day math.
Credit-bid calculations, fair-value reserves under Cal. Civ. Code § 580a, and the cap math most lenders get wrong.
Case law that moves the dial.
Every new California appellate decision that changes what a trust deed is worth. With the dates and the numbers.
Reinstatement rights expire five business days before the sale. Not before.
Cal. Civ. Code § 2924c(e) sets the window. The trustor can cure all monetary defaults — principal, interest, fees, costs — until close of business five business days prior to the noticed sale date. Lenders who refuse a timely tender face statutory damages. Most refusals we see are wrong on the math, not the law.
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