POTENTIAL GOOD NEWS IN CALIFORNIA: A couple of days ago, some potentially good news for homeowners at risk for foreclosure came out of committee in the Legislature. The Homeowners Bill of Rights, as it's been referred to, passed in committee and now will eventually go forward for a vote on the floor of the full legislature. Basically, as it currently is designed, it would give homeowners a variety of new procedures to better enable them to qualify for loan mods and other foreclosure avoidance or delaying procedures. I'm not going into details here because anything could be changed by the time the final version of the bill gets voted on. However, if you are interested, contact your representative in the legislature. Good luck.