CA AB1043

Prohibits persons from contacting owners to claim foreclosure surplus funds before 90 days after the trustee's deed is recorded.

Expands trustee liability protections to include responding to payoff or reinstatement information requests.

Increases the cap on allowable costs and expenses during default cure from $50 to $100 per postponement and includes recording costs for notice of rescission.

Modifies eligible bidder requirements for residential foreclosures (1-4 units) by removing the single-bid-amount restriction from initial tenant buyer bids and applying it instead to bids during the 45-day post-sale period.

Requires trustees to report executed (rather than recorded) trustee's deeds to the Attorney General and clarifies forbearance denial notice requirements under COVID-19 relief provisions.