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Latest Articles from AMLG
- What is Loss Mitigation?
- Loss Mitigation Programs
- Behind on Mortgage Payments? Don’t Wait. Do Something About It.
- The Short Sale Process
- Short Sale or Foreclosure – Which One is Better for Borrower?
- Reasons for the Need of Foreclosure Prevention
- What Happens in a Short Sale Negotiation
- The Foreclosure Process
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Tag Archives: California DRE
California SB 94 “No Advance Fee” FAQ
California SB 94 is a bill that was passed to protect homeowners in need of a loan modification in the state of California. The following answers to Frequently Asked Questions do not constitute any qualified legal interpretation of SB 94 … Continue reading
California DRE Says Advance Fee Agreements No Longer Valid
Real estate licensees in California who have Advance Fee agreements on file with the Department of Real Estate can no longer can count on that as a source of government approval according to the DRE’s website (requires Adober Reader). “If … Continue reading
Fraud Crackdown Focusing on Advance Fee Charges
The FTC has announced that they are looking at the possibility of banning up front – or advance – fees with regards to home rescue programs. It’s a good move. Advance fees represent too much opportunity for fraud as it … Continue reading
Posted in Mortgage Loan Modification
Tagged California, California DRE, FTC, Loan Modification Scams, No Advance Fees
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Looking for Help? Avoid These Companies
Anyone searching for loan modification help has to be careful about who they choose to do business with. There are bad companies out there doing things the wrong way. While there are many methods to sniff these companies out – … Continue reading