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Financial Services Law Insights and Observations

California: Mortgage debt now included under Rosenthal Fair Debt Collection Practices Act

State Issues State Legislation Debt Collection Mortgages

State Issues

On October 7, California’s governor signed SB 187, which amends the state’s Rosenthal Fair Debt Collection Practices Act and provides that consumer debt under the act now includes mortgage debt. SB 187 also removes the exception for an attorney or counselor at law from the definition of debt collector, and makes other nonsubstantive changes. The amendments take effect January 1, 2020.