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Real Estate & Property Law

: The Home Equity Theft Reporter

Schwarzenegger Squeezed By Lenders, Servicers To Demand Rule Prohibiting California Attorneys From Accepting Retainers For Loan Mod Negotiations???

By r morris

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A press release issued by three California consumer advocates(1) announces:The lending industry and loan servicing lobbyists have successfully pressured Governor Schwarzenegger to demand that language be included in SB 94 that would prohibit attorneys from accepting retainers for loan modification negotiations with their loan servicers.(2) The language, if adopted, will prevent homeowners from

Full post as published by The Home Equity Theft Reporter on July 09, 2009 (boomark / email).

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