FROM THE ORB / MICHAEL BELOTE

The mad rush by policymakers to do something in the wake of the mortgage and foreclosure crises has hit California with a vengeance.

Operating year-round and already the busiest state legislature in the country, California lawmakers have introduced a veritable tsunami of bills designed to address the rise in defaults and foreclosures. The proposals touch virtually every area of real estate, including those affecting lenders, servicers, brokers, foreclosure trustees, asset managers and landlords.

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