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Articles Posted in loan modification

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California Senate Bill 94 and Loan Modification- Too Little, Too Late, Too Bad

On Sunday Gov. Schwarzenegger signed into law SB 94, effective immediately, which bans loan modification firms from being paid up-front, or even asking to be paid up-front. It also restricts attorneys from representing homeowners in trouble. For some time the Department of Real Estate was already requiring licensed agents who…

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