Governor Arnold Schwarzenegger  has approved in California what will most likely become a national measure – eliminating all advanced loan modification fees. This is a valiant effort to reduce if not eliminate fraud against homeowners.

At Short Sale Pros, we support and employ a 100% FREE model for all troubled homeowners. Here is the full story:

http://www.dsnews.com/articles/schwarzenegger-institutes-nine-new-mortgage-laws-2009-10-13

Tags: advanced fees, advanced loan mod fees, arnold schwarzenegger, ca, california, governor, loan mod, loan modification, SB 94, SB94, senate bill 94

This entry was posted on Tuesday, October 13th, 2009 at 9:38 pm and is filed under Homeowners, Loan Modification Companies, Realtors, Short Sales. You can follow any responses to this entry through the RSS 2.0 feed. Responses are currently closed, but you can trackback from your own site.