Hi Everyone!

This is your Hard Money Lender in Tucson and the Southern Arizona area, Billy A with more news from Nationwide Mortgage my friend Herman Thordsen (www.lendinglaw.com) shared. Here are some of the headlines:

1. RESPA is not violated if you overcharge. Only if you want to split it.
2. Arizona still has its share of loan modification where advance fees are “church donations.”
3. California requires landlords to disclose foreclosures to prospective tenants.
4. Theoretically California may let you hold your license indefinitely if you are the subject of a DRE disciplinary proceeding.
5. In California a corporate broker acting as a dual agent could get sued for not doing an active investigation of the listed property.
6. California Seller refusal to reasonably release escrow funds cost it triple the amount of the deposit.
7. California Attorney General files criminal complaint against two in Gardena, California for mortgage fraud.
8. Sacramento, California sees one plead guilty to mortgage fraud and two waiting trial.
9. Idaho couple plead guilty to mortgage fraud.

Click here to download a free copy of the full report.

That’s it for now! Make it another great day!

Your Hard Money Lender in Tucson and Southern Arizona,

Billy A

P.S. I want to be your favorite Hard Money Lender in Tucson and Southern Arizona, so please don’t keep me a secret! If you, your friends or family need help with funding, I’d be happy to give them free information without any obligation. Please give me a call at:

(520) 299-4878!

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