california attorney general: Realtors OPPOSE CA 'Homeowners Bill of Rights'.
- 06/27/12 03:55 PM
California Homeowners Bill of Rights:
A Lesson in Political Expediency & Unintended Consequences.
California Attorney General Kamala Harris announced in a much heralded press release today that her 'California Homeowners Bill of Rights' has 'taken a key step toward passage'. Here's the key step - she bypassed every preliminary opportunity for the bill to be discussed, debated or voted on in either the Assembly or the Senate. What she did, or had her minions in the Legislature do for her, was have the bill introduced to a 'two-house conference committee' that voted this morning to pass the bill. That means tomorrow
california attorney general: CA Attorney General Files charges in massive 17 state mortgage fraud scheme.
- 08/19/11 01:50 PM
CA State Attorney General Kamala Harris sued Philip Kramer, the Law Offices of Kramer & Kaslow, two other law firms, three other lawyers, and 14 other defendants who are accused of working together to defraud homeowners across the country through the deceptive marketing of "mass joinder" lawsuits. Prominent foreclosure attorneys Phillip Kramer and Mitchell Stein and at least 17 others have been accused of luring desperate homeowners into the scheme using deceptive advertising and telemarketing schemes aimed at millions of people in California and 16 other states.
The scheme claimed that courts have found that most mortgage lenders engaged in predatory lending
california attorney general: CA Attorney General Launches Real Estate Fraud Strike Force
- 05/24/11 10:49 PM
There is much that I disagee with our new Atorney General Kama Harris, but she's got a winner here. I sincerely hope that the strike force will be heavily utilized and that it isn't just window dressing.
Attorney General Kamala D. Harris today announced the creation of the California Attorney General's Mortgage Fraud Strike Force, staffed by Department of Justice attorneys and investigators charged with protecting innocent homeowners and bringing to justice those who defraud them.
Composed of both civil and criminal enforcement teams, the Mortgage Fraud Strike Force will monitor and prosecute violations at every step of the mortgage process,
california attorney general: Casino Style Loan Mod Scam Rolls Snake-eyes
- 05/20/10 06:39 PM
May 20, 2010
For Immediate Release
Contact: (510) 622-4500
Four Arrested, Five Wanted for Fleecing Hundreds of Homeowners Seeking Foreclosure Relief
**NOTE: Contact information for victims willing to speak with the press is available upon request** LOS ANGELES - Attorney General Edmund G. Brown Jr. today announced that nine men engaged in a Southern California boiler room, tricked out in high-roller style with a roulette wheel and other casino equipment, have been charged with 97 criminal counts for stealing at least $2.3 million from more than 1,500 desperate homeowners who were promised loan
california attorney general: CA DRE & AG Issue Loan Mod Fraud Warning (Again)
- 02/22/10 05:49 PM
Time and again people don't listen to that little inner voice that tells us - if it sounds too good to be true, then it probably is. We know that has always been the case and continues to be the case but sometimes... sometimes we think - well, reality may have suspended itself just this one time, just on this occasion, just for me.
We continue to warn people about loan mod fraud - yet people continue to be victimized. I know people are desperate but sometimes you also have to be just a little bit naive and/or
california attorney general: CA AG Brown Sues Credit Repair Co.
- 09/30/09 07:51 PM
It's only been a month or
so since California
Attorney General Jerry Brown issued a joint statement
with the California
Department of Real Estate and the State Bar Association
promising to crack down on the rampant credit repair and loan
modification scams endemic to our region.
In the statement, Brown
referred to the 1984 Credit Services Act that companies offering those
services in the state would need to register with his office and post a
$100,000 bond. He also published a list of companies who had not
registered and posted a list on his website for consumers to refer
california attorney general: Cal AG Brown - Kicking Ass & Taking Names in Loan Mod Fraud.
- 08/12/09 03:28 PM
Gotta love this. AG
Jerry Brown to 386 'mortgage foreclosure consultants' pay up or face the
consequences. Including names of all the companies
currently not in compliance. SWEET!
the link to see non-compliant
companies in your area.
names and kicking ass - love ya Jerry.
August 12, 2009
For Immediate Release
Contact: (916) 324-5500
Orders Mortgage Foreclosure Consultants to Post $100,000 Bond or Face
Los Angeles -
Threatening possible criminal and civil prosecution,
Attorney General Edmund G. Brown Jr. today ordered 386 mortgage
foreclosure consultants to
california attorney general: California AG Jerry Brown joins Dept of Real Estate & State Bar to Combat Loan Mod Fraud.
- 08/11/09 02:57 PM
A few months back our
Attorney General Jerry Brown announced a plan to combat the rampant
loan mod fraud we're experiencing in the Golden State. He has been
pursuing this with a vengeance and tomorrow will announce the results
of a more extensive crackdown. I'm really gonna miss this guy and his
efforts as AG if he gets re-elected as our Governor next year.
Brown to Join Forces with Department of
Real Estate and State Bar in New Round of Legal Action Against Loan
Los Angeles - At a news
conference Wednesday at 10:00 a.m., Attorney
california attorney general: CA AG Brown Foils Massive Home Repair Scam
- 03/23/09 06:16 PM
is the kind of article you see written about the organized 'Gypsys'
that still roam the countryside from time to time. Again, our intrepid
AG has ferretted out another wrong-doer. No doubt he has shut down a
large operation here but there are others. Always warn clients -
especially elderly clients who are frequently victimized by these
scams include the roof and/or driveway repair that involves a light
spray of used motor oil to darken the pavement or roof tiles. That it
all washes off in the next rain doesn't matter - the repair guys
california attorney general: CA AG Brown Cracks Another Scam
- 03/17/09 03:47 PM
You've heard the ads,
you've gotten the emails - tap into the magic of eBay or Craigslist or
Yahoo and money just comes rolling in. It's a lot like those companies
that'll get you the top spot on Google - for a small fee. Anyway, I
know these guys have been big on the airwaves in Cali and I have no
reason to believe they'd stop at our borders - so some of the rest of
you are probably seeing these ads right now. If your state hasn't
cracked down yet, send your AG a copy of this
california attorney general: California AG Issues New Fraud Warning.
- 03/12/09 05:07 PM
again California Attorney General Jerry Brown rides to the rescue of
homeowners by issuing a timely warning. This is what we need MORE of - but we'll be
lucky if this info makes the papers at all.
is a pretty sophisticated scam involving forged letterhead and people
who apparently know the lingo, even got a business license from the
City of LA. I swear if these people put the same degree of diligence
toward a legitimate career, they would probably prosper as well. This
is no fast street scuffle but was set-up to extract repeated payments
from the victims.
california attorney general: California AG Jails RE Fraud Group
- 03/09/09 06:32 PM
Our Attorney General Jerry Brown
has been raising some hell with scam artists this year. Prosecuting
these cases is proving difficult for local DA's, especially with the
current budget crunch impacting their offices. But Jerry is stepping
up, he's cracking down on some of these perps very quickly, acting to
reduce the impact on communities and giving them real jail time.
Probably not enough jail time - but it's a start.
Locally we're still
working on indictments for scams that occurred back in 2004 and 2006.
While the DA diddles with figuring out why they paid $150,000 over
asking price, that
california attorney general: CA AG Busts Another Ponzi Scheme. Yeah!
- 01/23/09 11:40 AM
And the beat goes on -
or maybe I should say the beatings continue. Always good to see
miscreants get their come-uppance. Unfortunately for more than a
thousand people the come-uppance comes up too late to save their
'investment' and, in some cases, their retirement.
It's precisely this
variability that makes this type of fraud so difficult to prevent.
Although the two articles I posted earlier also involved Ponzi schemes
and affinity fraud, the crimes are as different as night & day.
In one, people with Hispanic
surnames convinced other people with Hispanic surnames they could get
california attorney general: Help for Countrywide Borrowers in Landmark Settlement
- 10/06/08 02:17 PM
10-6 Countrywide settlement
I am posting this
announcement from our State Attorney General's
office. Launched this past June 30, the AG has pursued this case
aggressively and reached a speedy settlement that may in fact benefit
many of our clients who will be able to remain in their homes. If you
need more information, click on the AG Logo for a full text of the
settlement and a Q & A. (Article emphasis is mine)
General Brown Announces Landmark $8.68 Billion Settlement with
Attorney General Edmund G. Brown Jr. today
california attorney general: Attorney General Brown Shuts Down Mortgage Scam Artists
- 03/19/08 07:40 PM
For a copy of the indictment and to read the lengthy release detailing the mechanics of this scam and interviews with victims, please follow the source link. This scam has been going on for some time now and involves THOUSANDS of victims in LA and San Bernardino county. The scam involved high pressure sales tactics, bait-and-switch loan documents and multiple other predatory practices.
Another one bites the dust - but too late to save thousands of people from being victimized and many lost homes.
08-019FOR IMMEDIATE RELEASE(916) 324-5500
LOS ANGELES-California Attorney General Edmund G. Brown Jr. today shut down Lifetime Financial, Nations Mortgage,