Legal Question in Real Estate Law in California
Loan modifications
Is it illegal to charge for this
service
Asked on 11/24/08, 4:05 pm
1 Answer from Attorneys
Bryan Whipple
Bryan R. R. Whipple, Attorney at Law
Re: Loan modifications
It may be illegal, if the person performing the service doesn't hold the proper professional credentials for what he or she actually does; for example, the person may be acting as a loan broker, a lawyer, or a foreclosure consultant (see Civil Code 2945.1).
Answered on 11/24/08, 5:21 pm