March 28, 2011

Assemblywoman Mary Hayashi

Chair Consumer Protection Bureau
California Legislature
Capitol Office
PO Box 942849
Sacramento, CA 94249
Phone 916-319-2018
FAX 916-319-2118

Dear Assemblywoman Hayashi:

I understand that Anita Carr met with you on March 18, 2011 in your District Office to request that you
strongly support sponsoring a law similar to the one passed by the Arizona legislature AZ Senate Bill
1259.

I understand that I may not be a constituent in your district, but since you are the Chair of the Consumer
Protection Bureau, I believe you are the correct person to notify.

Thousands of Californians are being fraudulently stripped of their homes by unscrupulous banks
ramming through non-judicial foreclosures by posing as the true lender and/or true creditor, when in
fact, they are NOT the lender or the creditor.

Californians need the same tough law as Arizona passed which makes it the law that any entity
foreclosing, a bank or otherwise, must prove a clear chain of title before starting any foreclosure and it
must be proven without the use of fraudulent and/or forged documents.

Currently, these foreclosing entities are filing at the county recorder’s offices and with the courts
fraudulent and forged documents so they can ‘rob’ homeowners of their homes.

An emergency law could be sponsored now. I strongly suggest you hold a ‘town hall’ type meeting and
invite some Californians struggling to save their homes who are having to deal with nightmarish wall
street firms who securitized their mortgages and sold slices of the mortgage as a bond to investors
around the world.

Do not look to Washington DC to help Californians. The foreclosure laws are state specific.
The State AGs are not helping us with their weak settlements.

Sincerely,