Legal Question in Real Estate Law in California

mortgage loan modifications

must we as real estate agents retain an attorney to perform Loan Modificatons or can we do them under our license as agents?


Asked on 5/06/08, 12:36 pm

1 Answer from Attorneys
Mitchell Roth MW Roth, Professional Law Corporation

Re: mortgage loan modifications

You can't perform loan modifications. You can represent your clients in negotiating modifications. Check with the Department of Real Estate if there are any special endorsements needed on your license. You may not, though, give legal advice.

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Answered on 5/06/08, 7:02 pm


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