100089885
BBB file opened: 12/9/2009
Business started: 10/21/2008
Contact Information
Matthew McCormick - Attorney
Business Category
Loan Modifications Advance Fee
Alternate Web Sites
Industry Tips
Effective October, 2009 in California, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All modification services must be fully completed before any money can be collected. It is also illegal to divide fees or services into components for the purpose of avoiding this law.
HUD approved housing counseling agencies are exempt from this law.