RECENT BLOG POSTS
This letter addresses hamp scams, trial plan fraud, and breach of contract.  There is language covering the California Legal Remedies Act and giving the loan servicer 30 days to cure their violation. ____________________________________________________________________   To Whom It May Concern:   ...
07/16/2012
FORECLOSURE CASE CHECKLIST – TIPS TO FINDING OUT WHO OWNS THE LOAN?   The following are general guidelines I look to in trying to determine who actually owns the loan.  When it is a MERS loan (check on the first two pages of your Deed of Trust), you know the loan is securitized, and the question ...
07/16/2012
So you are facing foreclosure.  What are your options?  Typical options inlude: 1.  File bankruptcy (Chapter 13 may help save the home from foreclosure if payments can be brought current though an approved chapter 13 plan) 2.  Seek a loan modification (many homeowners take this route and seek a ...
07/16/2012
  The California Department of Real Estate is charged with protecting the public from acts of real estate fraud and malfeasance committed by licensed brokers and salespeople.  There is a "recovery account" set up to help victims of intenetional fraud. Over the past year or so, the DRE has been le...
07/16/2012
                             When a California DRE licensed broker or salesperson faces an administrative hearing involving their license (ex. a hearing to determine whether the broker's license should be revoked or suspended) the California Adiministrative Procudure Act applies.  This is a Prime...
07/16/2012
This is a common scenario, you are working with your lender or loan servicer, and they promise you they are not going to foreclose on you.  At times, they may even put this promise in writing, or in an email (we always encourage trying to get this in writing of course).  But then, the unthinkable...
07/16/2012
Here is a link to a blog we recently posted on our DRE Defense Lawyer website that deals with factors the DRE will look at when deciding whether a license applicant should be issued a real estate license where they have a criminal background record. Remember, if you are applying for a real estate...
07/16/2012
I think we all know by now that those negam option arm loans are tricky loans, tough to adequately disclose, and can lead to potential lawsuits for steering clients into these loans and for related causes of action. We recently obtained a judgment in regard to one of these types of loans and you ...
07/16/2012
The debate rages on.  Will the legal lender (the one who can prove certain they are the legal owner of a note and deed of trust, applying state commercial law standards) please stand up.  Must they stand up?  Should they stand up?  Should the legal proof be required before foreclosing?  Or should...
07/16/2012
We have talked so many times about California homeowners needing to be careful before parting with their hard earned money and paying it to a company that promises a loan modification, principle loan balance reduction, or other form of mortgage relief to distressed homeowners. There are basically...
07/16/2012
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Steve Vondran "Attorney Steve®

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