“Were You Dumb When Stating Your Income”

By
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.

ARCHIVED BLOG POSTS

2008 

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
Rainer
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James Burns

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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.