Hey Everyone,
Plenty of news along with the fact that HUD has targeted companies for audits.
- Mortgage debt relief act may get extended to 2015.
- Reminders to HUD REO holders and consent to be obtained from HUD BEFORE complying with state law on demolition, etc?
- Reminders about the GFE because I have seen quite a few that are not in compliance.
- Federal Trade Commission nails those doing loan modifications and forensic audits to the tune of $750,000.
- Short sales send California real estate salesperson to jail.
- Five California men in San Jose area nailed for mortgage fraud.
- Appoint a new branch manager under DRE as of August 13 and reduce the chances you will be disciplined by DRE for mistakes made at the branch.
- Colorado adds new regs for SAFE Act and Advertising.
- Real Estate agent in Oklahoma City, Oklahoma convicted of mortgage fraud.
- Vermont couple defending themselves on mortgage fraud charges.
- West Virginia Real Estate Appraiser found guilty of fraud. Faces 30 years in prison.
For more details, click on link below for the full report.
Best wishes!
Billy A
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