Saturday 21st November
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ANNOUNCING WEBINAR: Law Firms & Loan Modifications – November 20th, 10:00 AM PST
Written on 15 Nov, 2009 at 18:34
Greatly Reduce or Even Eliminate Client Complaints, Increase Firm Effectiveness, Improve Morale & Increase Profitability. If you’re helping homeowners with loan modifications, this shouldn’t be missed under any circumstances. It’s shouldn’t be considered optional, and I’m only doing it live once. It’s literally... (Continue reading)
BREAKING NEWS! CA STATE BAR PUBLISHES GUIDANCE FOR LAW FIRMS ON SB 94
Written on 30 Oct, 2009 at 18:32
Wading through ambiguities in language in order to interpret the legislative intent of a new law isn’t easy, but the moral of the story is that it can be done, and thanks to the combined efforts of the attorneys and... (Continue reading)
California Bar Journal Runs Ads for Loan Mod Firms? Seriously??
Written on 20 Oct, 2009 at 8:34
So, come to find out that the California Bar Journal is running ads for a company called “Nice Mod,” a DRE licensed company that presumably accepts no money until the client’s mortgage has been modified, paid off in full, and... (Continue reading)
Gov. Arnold Rips the California Bar a New One: Refuses to Sign SB 641
Written on 14 Oct, 2009 at 3:05
There’s no question now, but that the Bar is going to have to fix up their own glass house before their going to be allowed to collect dues from their members, and since they’ve been spending so much of their... (Continue reading)
Gov. Schwarzenegger Does the Right Thing: Signs SB 94 and Vetoes AB 764
Written on 12 Oct, 2009 at 18:21
I have to say that I was not originally in favor of SB 94's provisions on advance fees, as I saw the language and what I thought to be the original intent as being harmful to homeowners as I saw... (Continue reading)
If Governor Signs AB 764, Homeowners Won’t Be Able to Hire Attorneys When Losing Homes
Written on 7 Oct, 2009 at 0:17
I’ll jump in with an answer to that one: Because the banking lobby isn’t interested in promoting those… they’re only interested in promoting stuff about loan modifications because they don’t want homeowners to have professionals helping them when attempting... (Continue reading)
The Commission on Homeowner Representation Moves Ahead
Written on 8 Sep, 2009 at 1:25
Regardless, the Commission has determined that there is an acceptable way to work under SB 94, AT LEAST UNTIL THE LAW CAN BE CHALLENGED IN THE COURTS. And the thirty-some firms will soon be forty-some and then fifty-some. ... (Continue reading)
CA SB 94 on Lawyers & Loan Modifications Passes Assembly… 62-10
Written on 4 Sep, 2009 at 5:40
Extending unsecured credit to homeowners that are already struggling to pay their bills, and then having to sue them in order to collect simply isn't a business model that attorneys, or anyone else for that matter, are likely to embrace.... (Continue reading)
FOR THE IMMEDIATE CONSIDERATION OF ATTORNEYS IN CALIFORNIA
Written on 31 Aug, 2009 at 4:21
Further, if the legislature is allowed to affect attorney compensation practices in this instance, what will they attempt to limit next? Homeowners have the right to representation before losing their homes to foreclosure. Attorneys have the right to... (Continue reading)
A Bill in California Will Establish That Lawyers Cannot Be Trusted
Written on 30 Aug, 2009 at 3:15
Yet, here in California, the legislature is dangerously close to passing a bill that would establish quite clearly that lawyers… all lawyers… are individuals not to be trusted. And even more so, that attorneys in large number are the... (Continue reading)
MY SWAN’S SONG: Testimony Before the United States Senate on the State of Foreclosures & Loan Modifications
Written on 25 Aug, 2009 at 8:25
I read her testimony throughout last night, until the sun started to rise outside my window. And when I finished, I sat there and I cried. It’s been a long road… and I pray that this document at... (Continue reading)
Did Attorneys “TURN BAD” in 2009? What… Is There Something in the Water?
Written on 21 Aug, 2009 at 0:54
In 2009, not only did all of that happen… and more, but more importantly, in 2009 we all started to realize that our way of life… the one we’ve come to know over the last thirty years, would not be... (Continue reading)
Federal Reserve Recommends Consumers Contact an Attorney to Resolve Contract Disputes With Banks
Written on 6 Aug, 2009 at 16:12
I’ve got it now… so, the Federal Reserve recommends that consumers contact an attorney when involved in contract disputes with banks, but the California legislature is about to pass a law saying that lawyers can’t charge a client a fair... (Continue reading)
Attorneys Offering Loan Modification Services Find a Friend in NACBA
Written on 19 Jul, 2009 at 21:37
One of the things the Commission has wanted to do from the beginning was lobby against SB 94 as it was written, and that became more important when the bill was modified just before July 4th to prohibit attorneys from... (Continue reading)
Economy Watch: State of California Says Attorneys Stealing Smaller Sums
Written on 7 Jul, 2009 at 5:53
It wasn’t that long ago when you couldn’t get a practicing attorney to even consider stealing anything under seven figures from a client. And the Ivy League law school grads wouldn’t be caught dead ripping off anything under eight figures. “It... (Continue reading)
Gov. Schwarzenegger Move Will Deprive Homeowners of Legal Representation When Negotiating Loan Modifications
Written on 5 Jul, 2009 at 9:34
The only group this provision helps is the bankers, and with the hundreds of billions of bailout dollars WE'VE GIVEN THEM, don't you think they've have enough going for them? Homeowners NEED help. Don't deprive them of their... (Continue reading)
California Senate Passes SB 94 Legislation, Now Up To State Assembly
Written on 26 May, 2009 at 17:49
The California State Senate has passed Senate Bill 94 (”SB 94″), legislation proposed by Sen. Ron S. Calderon (D-Montebello), Chairman of the Banking, Finance & Insurance Committee. The senate passed the bill on May 21, 2009, by a vote... (Continue reading)
I’ve Got SIX QUESTIONS for Loan Modification Experts?
Written on 5 May, 2009 at 8:18
But surely something should change, right? Everyone I’ve spoken with agrees that the industry should be better regulated, because no matter how many people were “scammed,” no one wants to see any homeowners scammed. So, how can the... (Continue reading)
