Homeowners in Livermore, Pleasanton, Danville, Dublin, the Bay Area and California no longer have to worry about the banks coming after them for more money after they complete a short sale in California. There are now California two laws in place regarding short sales and how they have to be non-deficient in California now: SB 931 (has to do with the first liens having to be non-deficient) and SB 458 (as of July 15 of this year, second lien holders cannot pursue a deficiency after short sale either).
