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Assembly Committee Approves Cervantes Resolution to Help Homeowners

(SACRAMENTO) – Today, the Assembly Housing & Community Development Committee approved Assembly Joint Resolution (AJR) 4 by Assemblymember Sabrina Cervantes (D-Corona) and Assemblymember Sharon Quirk-Silva (D-Fullerton) by a bipartisan vote of 5-1. AJR 4 calls upon the President of the United States to save California homeowners hundreds of dollars per year in mortgage fees by reinstating an Obama-era Federal Housing Administration (FHA) rule.