A foreclosure sign hangs in front of a foreclosed home on April 6, 2011 in Richmond, California.
Five years since the housing bubble burst, it's estimated nearly 700,000 Californians are in some stage of delinquency on their mortgage or in foreclosure. State lawmakers in both houses are due to vote on part of what supporters call the "Homeowner Bill of Rights," a first-in-the-nation legislative package modeled on the mortgage settlement.
The bills would restrict dual tracking, where a borrower is foreclosed upon while talking to the bank about loan modification. We talk with Paul Leonard, director of the Oakland Office of the Center for Responsible Lending.