Seller Financing: The Myths and the Reality
by Dennis H. Doss¹ Many Americans were able to secure 2-4% mortgage loans after the Great Recession and following Pandemic. Understandably, they don’t want to give them up. Many would like to sell their homes, but the prospect of paying 6 percent or more for a new mortgage is holding them back. In their eyes their […]
Junior Mortgages Doomed After AB 130?
by Dennis H. Doss | Doss Law, PC On July 1, 2025 California AB 130 became operative law in California. Intended to remedy “zombie loans¹,” it goes further. Formally, it creates California Civil Code Section 2924.13. It targets “subordinate mortgages,” but does not define that term. If property taxes and PACE/HERO liens were included, all mortgages would […]
Doss on Leveraging ADU Laws for Lenders — Featured in National Mortgage Professional
Dennis Doss, Doss Law’s Founding Partner, was recently featured in National Mortgage Professional, where he shared his thoughts on California’s newly updated accessory dwelling unit (ADU) laws and their opportunity to build up housing where there’s demand. The article, California ADU Laws Expected To Boost Affordable Inventory, covers how recent changes in California is opening […]
Assembly Bill 3108: California Ups the Ante on Owner-Occupied Business Loans
by Dennis H. Doss | Doss Law, PC Apparently, the California Legislature believes that too many mortgage brokers have contorted consumer owner-occupied loans into business purpose loans. On top of that they must also believe the consumer bridge loan exception is being misused in ways it was never intended. Why? Because by Assembly Bill 3108 the Legislature […]
