“Were You Dumb When Stating Your Income”

Real Estate Services - Law Office of James Burns
Loan modifications need to be conducted by lawyers so that the attorney privilege covers the transaction and banks and other regulators cannot pursue the borrower for fraud claims.
As we all heard this week UBS entered into a settlement with the U.S. Internal Revenue Service (IRS) was an upsetting blow for banking confidentiality. The issue on everyone’s mind was would UBS be in breach of Swiss banking confidentiality legislation if it were to meet the United States’ demand...
Posted over 4 years ago
Real estate investing is exciting because we get the opportunity to use wealth pillars like leverage which allows ordinary people the ability to considerable wealth in a short time; I know because I’ve seen it happen. Another exciting aspect is there are always opportunities to make strong return...
Posted over 5 years ago
  If you have an IRA and you’re concerned about how to pass it on to your loved ones, an approach of naming a trust as the designated beneficiary has several benefits over directly naming the beneficiaries. The issues that can affect the named beneficiary to name a few are they could be a minor, ...
Posted over 5 years ago
These days just about every mortgage is flipped by a lender to another one or sliced up into pools of securitized packages that are sold on Wall Street. The financial engineering helped oil the housing boom by making credit more available. But stalled housing prices and rising defaults have revea...
Posted over 5 years ago
There is a lot of confusion out there about loan modification and who is going to do the best job…it isn’t a shop but a law firm where you enter into a specific attorney client relationship not a shop that claims to have attorneys they work with. Some prosecutors are now pursuing borrowers as you...
Posted over 5 years ago
loan-mod-testimony The craze right now for former loan brokers is to become a loan modification specialist. However, in states like California is it illegal for anyone except attorneys to take a fee before they provide the assistance. The rationale is because attorney’s are held to the highest st...
Posted over 5 years ago
  Many people search their whole lives for the elusive million dollar formula, the method that will instantly make them a millionaire over night. I have to let you know that there are few overnight success stories and the possibility of being one is about as good as being struck by lightning. How...
Posted almost 6 years ago

James Burns

Ask me a question
Spam prevention

Accessibility option: listen to a question and answer it!

To submit the form,
drag the foot to the circle on the side.

Type below the answer to what you hear. Numbers or words, lowercase:

Additional Information

Prosecutors and pursuing home owners for participation in the fraud of stated income loans so you need protection when modifying a loan or doing a short sale.