101 inquiries | Loan Modifications Advance Fee
(949) 328-5110
http://www.mortgagecounselingc...
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This business is not a member of Business Consumer Alliance. This fact does not disparage the company in any way.
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BCA's Summary and Analysis:
We have received no complaints against this company.
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Company Info
This company's business is loan modifications with an advanced fee.
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Licensing
As of July 1 2009 any person or company who performs or promises or offers to perform the services of a foreclosure consultant must register with the Attorney General’s Office post a $100 000 bond obtain a certificate or go out of business. As of our last verification on September 13 2012 this company was/was not registered to provide foreclosure consulting services. For the most up to date registration information you can contact the Attorney General’s Office Foreclosure Consultant Registration Program Consumer Law Section 300 South Spring Street Suite 1702 Los Angeles CA 90013 or visit their website at www.sos.ca.gov/business/sf/. ~~
BCA has no information regarding government actions at this time.
Effective October, 2009 in California, it is illegal to collect any fees, regardless of the form, for negotiating or attempting to negotiate a loan modification for a residential mortgage. All modification services must be fully completed before any money can be collected. It is also illegal to divide fees or services into components for the purpose of avoiding this law.HUD approved housing counseling agencies are exempt from this law. For businesses outside of California, please check with the agency that regulates this industry.
We know of no other matter or practice relating to this company that may assist you in your consideration of this company.
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