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Brown Issues Warning about Rise of Short Sale Fraud |
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Written by Administrator
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Wednesday, 14 July 2010 |
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June 17, 2010
LOS ANGELES - Attorney General Edmund G. Brown Jr. today joined the California Department of Real Estate and the State Bar of California to warn homeowners about an alarming rise in short sale fraud across California in a field "rife with scam artists".
A short sale is an arrangement in which a homeowner sells his or her home for less than the outstanding mortgage, with the consent of the lender.
"While short sales can provide homeowners with a last-ditch alternative to foreclosure, this market is rife with scam artists," Brown said. "Homeowners and buyers, agents, and lenders should beware of short sale negotiators who operate without licenses, use straw buyers or charge illegal fees."
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Foreclosure Prevention Training Events - Fresno & Bakersfield |
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Written by Administrator
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Friday, 25 June 2010 |
Presented by: Chase Community Advocacy In partnership with the
San Joaquin
Valley Task Force
HERE IS THE FLYER!
July 19th
Bakersfield, CA – Hosted by Greater Bakersfield Legal Assistance, Inc.
Location: 615 California Ave, Bakersfield, CA
93304
Click here for Bakersfield Registration
July 20th Fresno, CA – Hosted by United Way of Fresno County & Aspera Housing
Location: 4949 East Kings Canyon Rd., Fresno, CA
93727
Click here for Fresno Registration
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Mortgage Options and Foreclosure Prevention Workshop July 6th |
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Written by Administrator
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Friday, 25 June 2010 |
Community Services Employment Training, Inc. (CSET) will be offering a Mortgage Options and Foreclosure Prevention Workshop Tuesday, July 6th from 5:30 - 8:30 pm at:
312 NW 3rd Ave., Visalia, CA 93291.
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Last Updated ( Friday, 25 June 2010 )
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CONSUMER ALERT: Upfront Loan Mod Fees ILLEGAL in California! |
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Written by Administrator
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Friday, 16 October 2009 |
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News Release
October 15, 2009
Sacramento - Attorney General Edmund G. Brown Jr. today issued a consumer alert warning California homeowners to avoid individuals and businesses that charge up up-front fees for foreclosure relief services in light of a just-enacted state law that makes this "abusive practice" subject to prosecution.
"Over the past two years, unscrupulous attorneys and real estate brokers have abused their trusted roles and exploited desperate homeowners seeking to avoid foreclosure," Brown said. "The loophole that allowed this abusive practice to continue has now been closed, and homeowners should avoid any person charging up-front fees for foreclosure relief services."
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Last Updated ( Friday, 16 October 2009 )
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