Legal Question in Real Estate Law in California

My loan was recently sold on 9/14/2009. Before my loan was sold, I did a modification which was completed in July 2009. The new loan hoalder just contacted me asking me for tax returns, verification of income, loan modification aggreement, etc. After I told my new loan hoalder that I was not going to provide them with such documents because my old loan hoalder needed to give them such doucuments, the ceo threaten me of not ownering my loan modification. The CEO from my new loan holder has been threaten me and verbally mistreating me over the phone since last week. I spoke to my old loan holder and they said they should not be asking me for anything. I now I have rights, What can I do about this matter. Can anybody help me. I am getting sick because of this matter.


Asked on 9/21/09, 4:27 pm

1 Answer from Attorneys
George Shers Law Offices of Georges H. Shers

E-mail the new CEO and tell him that his calls are harassment, intended to cause you mental distress, violation of consumer protection laws, and just plan stupid and a waste of time. He bought the loan as modified. The old lender will send him the papers you had submitted. He has no right to challenge the modification unless he can show fraud by you; to do so he must first review the papers submitted to the former lender and those werre the papers they acted upon. If you were trying to pul a fast one, you would send him phoney papers.

Call what ever federal or state entity regulates his busiess, check with the State whether he has a business license.

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Answered on 9/25/09, 2:42 pm


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