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CONSUMER e-ALERT© for December 5, 2016

December 7, 2016 By Jeff Heib

CONSUMER e-ALERT©

From our friends at Thordsen Law Offices:

  1. Employers in Los Angeles city are not allowed to ask about criminal convictions of potential employees.  If you have a question you may call me at no cost to discuss .
  2. California residence in a revocable trust can still be homesteaded for protection of the family.
  3.  Father is denied reduction in child support where he is paying $17,500.  Read to find out why.
  4.  Ford recalls more than 600,000 midsize sedans.  Is yours one of them?  Should it be?
  5.  Would you like to make $9 million. Read on about becoming a whistle blower.

LOS ANGELES, CALIFORNIA TO STOP POTENTIAL EMPLOYERS FROM ASKING QUESTIONS ABOUT CRIMINAL CONVICTIONS

FACTS

The ordinance passed with one dissent.  Because of this the council must vote on the matter again since the initial vote was not unanimous.  It is expected to pass since subsequent votes require a mere majority.

If given final approval, employers with 10 or more workers and city contractors will be prohibited from asking about criminal history until a conditional job offer has been made.

An employer who ultimately decides against hiring a person after learning about his or her criminal record would need to provide a justification for why the job offer is being rescinded.

City officials point to statistics from the National Institute of Justice that show the likelihood of a job offer goes down 50 percent if an applicant has a criminal record.

MORAL

Remember.  The employer has to justify the nonhiring. This has the potential for numerous employee lawsuits.   Is the employer insured against this potential liability?

CALIFORNIA HOME DEEDED TO A REVOCABLE TRUST CAN STILL BE PROTECTED BY THE HOMESTEAD LAW

FACTS

The defendants in this case had transferred title to a revocable living trust.  Later as trustees of the trust they filed a homestead exemption. The court ultimately upheld the exemption when a creditor tried collect on a judgment even though title was in the name of a trust.  (10calapp4th1810-1992)

MORAL

It is still safer to file the homestead before putting it into a revocable trust. Note that it is revocable.  Maybe the clients of mortgage brokers should be informed about the advantages of a homestead?

ONE WAY A FATHER DOES NOT GET HIS CHILD SUPPORT REDUCED

FACTS

Respondent father a successful director and producer requested the trial court to reduce his monthly child support payment to $9,842, from the original amount entered into at the time of dissolution of $17,500, The mother-appellant claimed that respondent’s reduced income did not constitute a material change in circumstances in light of his extreme wealth. Appellant further contends that the trial court imputed an unreasonably low rate of return to respondent’s substantial assets, valued at over $67 million. The court concluded that substantial evidence did not support the trial court’s finding of a material change in respondent’s circumstances for purposes of meeting his child support obligation; in light of respondent’s overall wealth, the reduction in his employment income did not materially impair his ability to pay the agreed upon child support; and the trial court imputed an unreasonably low rate of return to respondent’s tens of millions of dollars in assets. Go to http://j.s to read the case.

MORAL

With high wage earners the normal guidelines do not apply.  If you pay or are receiving child support you may wish to review the guidelines currently to see if you may be entitled to a decrease (if paying) or an increase (if receiving) child support.

FORD RECALLS MORE THAN 680,000 MIDSIZE SEDANS BECAUSE THE FRONT SEAT BELTS MAN NOT HOLD PEOPLE IN A CRASH

FACTS

This covers certain 2014-2016 Ford Fusion, 2013-2015 Lincoln MKZ and 2015-2016 Ford Mondeo cars.  Heat generated when the seat belt pre-tensioners deploy can cause cables to break. When that happens the seat belts may not hold people as for example in sudden stops or rear end crashes. At least two injuries have occurred over this issue. (ocrnsw1712316)

MORAL

If this has occurred to anyone that has been injured in a crash you may contact us for a free consultation.

WOULD YOU LIKE TO MAKE $9 MILLION OR MORE?  READ ON

TEXAS JURY FINDS NEW YORK MORTGAGE COMPANY AND CEO JIM C. HODGE LIABLE FOR CIVIL MORTGAGE FRAUD TO THE TUNE OF $92 MILLION MOSTLY INVOLVING FHA LOANS-WHISTLEBLOWER MAY WIND UP WITH $9 MILLION OR MORE DEPENDING ON WHAT IS ACTUALLY COLLECTED.

FACTS

On November 29, 2016 a civil jury found Allied Home Mortgage Entities a Direct Endorsement Lender (DEL) and it’s CEO Jim C. Hodge Liable for Civil Mortgage Fraud, Awards The United States Over $92 Million In Damages
NOW Allied Home Mortgage and CEO Face Statutory Trebling of Damages and Penalties for Fraudulent Conduct.

The entities formerly known as ALLIED HOME MORTGAGE CAPITAL CORPORATION (“ALLIED CAPITAL”) and ALLIED HOME MORTGAGE CORPORATION (“ALLIED CORPORATION”) (collectively, “ALLIED”), as well as ALLIED’s president and chief executive officer JIM C. HODGE (“HODGE”), liable for violating the False Claims Act (“FCA”) and the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 (“FIRREA”) in connection with over a decade of fraudulent misconduct related to ALLIED’s participation in the Federal Housing Administration (“FHA”) mortgage insurance program.

The jury awarded the United States a total of $92,982,775 in damages, including $7,370,132 against HODGE.  Pursuant to the FCA, damages in this case are subject to mandatory trebling.  In addition, the FCA provides for a penalty of $5,500 to $11,000 for each violation.  Separately, FIRREA provides for a penalty for each statutory violation.  The Court will determine the amount of the penalties at a later date.

As a HUD-approved loan correspondent, ALLIED CAPITAL originated FHA-insured mortgage loans.  ALLIED CAPITAL was required to seek HUD approval for each branch office from which it originated FHA loans.  Instead of complying with this requirement, however, ALLIED CAPITAL, with HODGE’s knowledge and approval, operated over one hundred “shadow” branch offices that originated FHA loans without HUD authorization.  As part of its scheme to deceive HUD, ALLIED CAPITAL submitted loans originated by those branches to HUD using the ID numbers of approved branches.  ALLIED CAPITAL’s undisclosed shadow branches were not subject to HUD oversight and their default rates were disguised by the default rates of branches whose IDs they were using.  This fraudulent misconduct resulted in $7,370,132 in losses to HUD when certain of those loans defaulted.

ALLIED CORPORATION recklessly underwrote and certified at least 1,192 loans for FHA insurance that were ineligible for insurance under HUD’s guidelines.  This fraudulent misconduct resulted in losses to HUD of $85,612,643 when those loans defaulted.

ALLIED and HODGE operated a dysfunctional quality control program and lied to HUD about it.  HUD requires lenders participating in its programs to timely perform quality control audits of their FHA loans to identify and correct systemic problems, including underwriting problems.  ALLIED employed only a handful of quality control employees to review loans from as many as 600 branch offices.  Many of those employees were unqualified to audit FHA-insured loans.  In addition, HODGE personally directed his employees to falsify quality control reports to give the impression that required reviews had been performed, when in fact they had not.  When HUD auditors later asked for those quality control reports, ALLIED provided the falsified reports.  ALLIED and HODGE also falsely certified to HUD on an annual basis that ALLIED was in compliance with HUD’s quality control requirements.

The United States filed a complaint-in-intervention in this lawsuit in November 2011.  At that time, the action was pending as a qui tam whistleblower lawsuit in the United States District Court for the Southern District of New York.  In September 2012, the action was transferred to the United States District Court for the Southern District of Texas. (usattsdny113016)

MORAL

If qui tam when started the “whistleblower” is going to get a lot of money.  Usually ten percent of what is collected. Even of $92,000,000 that comes to $9 million dollar award.  Do you know anyone cheating the government?

HE INFORMATION CONTAINED HEREIN IS NOT LEGAL ADVICE.
AN ATTORNEY SHOULD BE CONSULTED IF YOU DESIRE LEGAL ADVICE.

 

THORDSEN LAW OFFICES
Herman Thordsen, Esq.
(Licensed in California State and Federal Courts)
(888) 667-8529  / (310) 277-4254

Filed Under: Borrowers, Investors, News, Real Estate Professionals Tagged With: Herman Thordsen, Thordsen Law Offices

The Inability to Pay Is Immaterial: Orcilla Lowers the Standard

September 14, 2016 By Jeff Heib

A 2016 California appellate court ruling, Orcilla vs. Big Sur, Inc., has introduced new uncertainty to the ever-more-complex arena of real estate investing. The ruling found that the original buyers of a property can challenge a foreclosure if the circumstances at the time of origination — in this case, the inability of the buyers to afford their payment — are deemed unconscionable.

house-photo
What does this mean for the investor whose portfolio contains non-performing notes or the institutions that handle such loans? Read on to learn more about the Orcilla ruling and its potential impact on the real estate market.

A Brief Overview of the Orcilla Case

A company named Quick Loan gave the Orcillas, a couple with limited English comprehension, a refinance loan in 2006. The terms led to a monthly payment that exceeded the couple’s take home income by more than 30 percent. After an initial default, the foreclosing lender proposed a loan modification that increased the monthly payment by several hundred dollars. The second default resulted in the sale of the home to a third party, who eventually evicted the Orcillas. Meanwhile, Quick Loan had lost its license for using trustee money to purchase casino markers.

This cautionary tale of the pre-recessionary lending market and its most egregious practices would have come to nothing had the Orcillas not appealed when their initial claim was dismissed. In spite of the fact that they could not prove material damages, the appellate court ruled that the loan was so procedurally unconscionable that it met the standard for substantive unconscionability even though the Orcillas did not meet all of the elements of their claim.

The Possible Impact of Orcilla on the Real Estate Investment Market

The Orcilla case against the bona fide purchaser, Big Sur, is concerning for several reasons. First, the claim of substantive unconscionability rendered the fact that the Orcillas were not able to make good on the loan immaterial; in this ruling, procedural mistakes trump the debtor’s ability to pay. Second, the ruling overlooking existing laws designed to protect the consumer from fraud and opened the door to a much broader and ill-defined set of challenges.

Most importantly, though, the ruling sweeps aside the rights and protections of BFPs who act in good faith when taking over a defaulted loan. If the Orcilla ruling sets the precedent for other states, the foreclosure market will become a lot more uncertain; investors and lenders alike may become unduly cautious about investing in the scratch and dent market for fear of losing monies because of unknown irregularities in the original loan documents.

Peak Foreclosure Services, Inc. specializes in a wide range of default servicing solutions to support and meet the needs of banks, private investors, servicers, and sub-servicers. The company offers both judicial and non-judicial in-house foreclosure services, reconveyance, post foreclosure services, and loss mitigation in eleven states –- A rizona, California, Idaho, Montana, Nevada, North Carolina, Oregon, Texas, and Washington. They also offer national foreclosure referral services through carefully selected counsel and handle everything from payment processing to foreclosure and bankruptcy processing, REO repair, and disposition services. They are a true one-stop solution for all their clients’ foreclosure servicing needs.

Filed Under: Borrowers, Investors, Real Estate Professionals Tagged With: Orcilla vs. Big Sur Inc.

Changes to The Consumer Financial Protection Bureau

August 17, 2016 By Jeff Heib

News from our friend and Real Estate Educator, Duane Gomer:

A bill has been introduced to the House of Representatives to make some major changes to the CFPB which was formed by the Dodd-Frank Bill in 2010. The Republicans have always expressed dissatisfaction with this Bureau that was basically formulated by Elizabeth Warren before she became a Senator.

Some of the changes:

#1- The Act would change the name to the “Consumer Financial Opportunity Commission” (CFOC.)

#2- The purpose would be Consumer Protections and the Creation of Competitive Markets.

#3- There would be a five membership commission instead of a one person Director.

#4- There would be oversight by Congress.

#5- No more risk regulation of non-banks by the Fed.

#6-  Revise Qualified Mortgage and Ability to Repay regulations to allow higher DTI and LTV on loans eligible under safe harbors.

#7- Change Basel III rules on capital thresholds and repeal the Volcker rule concerning Bank Ownership of hedge funds, private equity funds, etc.

Any questions about these topics, talk to your friendly State-Licensed Mortgage Loan Originator. Most of the discussion is above my pay-grade.

Change of the CFPB and reestablishment of the Glass/Stegall Act will depend on our upcoming elections as you all know.

For more information check this link: http://files.consumerfinance.gov/f/201503_cfpb_your-home-loan-toolkit-web.pdf

Filed Under: Borrowers, Investors, Real Estate Professionals Tagged With: consumer financial protection bureau

Consumer e-Alert (May 24, 2016): New Federal Overtime Law

May 24, 2016 By Jeff Heib

(from our good friends at Thordsen Law Offices)

NEW FEDERAL OVERTIME LAW BEGINS DECEMBER 1, 2016
OVERTIME IS FOR ANYONE MAKING LESS THAN $47,476 PER YEAR.
THIS INCLUDES SALARIED EMPLOYEES

FACTS

To be exempt from overtime one of the first parameters is that the employee must be paid a salary of a minimum amount.  Under new changes to the overtime regulation, this minimum salary will be  at least $913 per week (equivalent to $47,476 per year).  Salaried white collar employees paid below this amount will generally be entitled to overtime. HOWEVER, THERE ARE CERTAIN CATEGORIES OF EMPLOYEES TO WHOM THIS MINIMUM SALARY DOES NOT APPLY, INCLUDING TEACHERS, LAWYERS OR DOCTORS.

Those employees paid above $913 per week can be exempt if they are employed as Executive Administrative or Professional employees. However, there are three tests to be met for the exemption from overtime to apply:

  1. The employee must be paid on a salary basis that is NOT SUBJECT TO REDUCTION based on quality or quantity of work. So if there is a chargeback to the employer from an investor it cannot be charged back to the employee salary as an example.
  2. The salary MUST MEET minimum salary level which after the effective date of December 1, 2016 is $913 per week equivalent to $47,476 annually for a full year worker.
  3. Primary job of the employee MUST involve the kind of work associated with exempt executive, administrative, or professional employees. (guidforprivempomnchanges 5-18-16 WHD-USDOL)

MORAL

The above is a brief summary only.  THIS MEANS THAT ALL EMPLOYEE CONTRACTS ANYONE IS USING MAY VIOLATE THE NEW LAW WHEN IT GOES INTO EFFECT ON DECEMBER `1, 2016.   If you are using an employee contract (especially a written one) YOU WILL AND ABSOLUTELY SHOULD HAVE IT REVIEWED PRIOR TO DECEMBER 1 BECAUSE IT MAY BE INVALID AS OF THAT DATE.  For those of you that have retained us over the years to prepare and/or review or revise employment contracts they will have to be updated BEFORE DECEMBER 1.

Thordsen Law Offices
(714) 662-4990
(714) 662-4993 Direct Line

Filed Under: Investors, Mortgage News, Real Estate Professionals Tagged With: new overtime law, Thordsen Law Offices

Loans Presently Available as of May 9

May 9, 2016 By Jeff Heib

Here are this weeks deals of the decade!
We’ve got some interesting possibilities here. Give me a call if something blows your skirt up!  Remember we can fractionalize these if you wanna take a piece of something!

LOANS PRESENTLY AVAILABLE FOR PURCHASE

Loan 12525

$150,000 2nd T.D. Wanted. To be paid at $1,925.00 per month including 14% interest***, all due in 5 years. Secured by 40 acre mobil home park (being used as a film site to rent) on Soledad Canyon Rd in Santa Clarita. The owner reports gross rental income of $120,000.00 in 2015. There is a private 1st of $350,000, being recorded concurrently, payable $2,943.00 monthly @ 9.5%, all due in 5 years. Appraisal (desktop) estimates value at $1,500,000. Loan to value is 34%. This loan is available in $50,000 pieces.

Loan 50416

$140,000 1st T.D. Wanted. To be paid at $93.00 per month including 7% interest***, all due in 5 years. Secured by home on Waldorf Street in Riverside being purchased for $280,000 Appraisal dated April 2016, estimates the value at $280,000. Loan to Value ratio is 50%. This loan is available in $50,000.00 pieces.

Loan 12526

$70,000 2nd T.D. Wanted. To be paid at $720.00 per month including 12% interest***, all due in 1 year. Secured by a home, on Roderick Road, Los Angeles (Glassel Park) There is a bank 1st of $250,000. This loan is subject to an appraisal of $600,000. Loan to Value Ratio is 53%.

*******************************************************

THESE TRUST DEEDS ARE OFFERED FOR SALE SUBJECT TO PRIOR SALE. WE DO NOT GUARANTEE THE ACCURACY OF THE ABOVE INFORMATION. WARNING: IF PAYMENTS DEFAULT ON ANY TRUST DEEDS, YOU MAY HAVE TO FORECLOSE AT SUBSTANTIAL EXTRA EXPENSE TO PREVENT LOSS OF YOUR MONEY.

Filed Under: Investors Tagged With: real estate loans

Loans Presently Available as of April 25

April 25, 2016 By Jeff Heib

Here are this weeks deals of the decade!
We’ve got some interesting possibilities here. Give me a call if something blows your skirt up!

Remember we can fractionalize these if you wanna take a piece of something!

LOANS PRESENTLY AVAILABLE FOR PURCHASE

Loan 12525

$300,000 2nd T.D. Wanted. To be paid at $3,554.00 per month including 14% interest***, all due in 5 years. Secured by 40 acre mobile home park (being used as a film site to rent) on Soledad Canyon Rd in Santa Clarita. The owner reports gross rental income of $120,000.00 in 2015. There is a private 1st originally $350,000, being recorded concurrently, payable $2,943.00 monthly @ 9.5%, all due in 5 years. Appraisal (desktop) estimates value at $1,500,000.00. Loan to value is 43%. This loan is available in $50,000.00 pieces.

Loan 12526

$650,000 1st T.D. Wanted. To be paid at $6,190.00 per month including 11% interest***, all due in 5 years. Secured by 40 acre mobile home park (being used as a film site to rent) on Soledad Canyon Rd in Santa Clarita. The owner reports gross rental income of $120,000.00 in 2015. Appraisal (desktop), dated April 2016, estimates the value at $1,500,000.00. Loan to Value ratio is 43%. This loan is available in $50,000.00 pieces.

Loan 12526

$96,000 1st T.D. Wanted. To be paid at $896.00 per month including 10% interest***, all due in 5 years. Secured by a rental home, with monthly rent of $1,000.00. This loan is subject to an appraisal of $250,000.00. Loan to Value Ratio is 38%. This loan is available in $20,000.00 increments.

*******************************************************

THESE TRUST DEEDS ARE OFFERED FOR SALE SUBJECT TO PRIOR SALE. WE DO NOT GUARANTEE THE ACCURACY OF THE ABOVE INFORMATION. WARNING: IF PAYMENTS DEFAULT ON ANY TRUST DEEDS, YOU MAY HAVE TO FORECLOSE AT SUBSTANTIAL EXTRA EXPENSE TO PREVENT LOSS OF YOUR MONEY.

 

JEFF HEIB
PLEASE CALL my direct line at 562-806-2921
Check our website at Standard4Loans.com . We try to update it weekly with new postings of interest to people in the industry
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Standard Mortgage Financial Services, inc
Cal BRE NO. 01211863
Jeffrey D. Heib, Broker, CA BRE NO. 00417768
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Filed Under: Investors Tagged With: loans for purchase

MORTGAGE e-ALERT: FORECLOSE AND GET SUED FOR WRONGFUL FORECLOSURE BY THE HOMEOWNER

February 25, 2016 By Jeff Heib

Report from the Thordsen Law Offices:

Did you loan money secured by a note and deed of trust?

Did you assign them to a buyer?

Was the buyer investor sued by the borrower?

If you are a broker, read your investor/lender contract. This opinion states you are responsible for all losses regardless of the reason:

FACTS

On February 18, 2016, the California Supreme Court issued its opinion in the case of Tsvetana Yvanova v. New Century Mortgage Corporation. This decision allows borrowers to file lawsuits for wrongful foreclosure and the borrower/homeowner could seek to halt or delay foreclosures on their homes where the mortgages are loans pooled into securitized trusts.  The borrower on a home loan secured by a deed of trust may sue for wrongful foreclosure alleging that a purported assignment of the note and deed of trust to the foreclosing party had defects making the assignment void.

The California Supreme Court, in a unanimous opinion, held that “a borrower who has suffered nonjudicial foreclosure does not lack standing merely because he or she was in default on the loan and was not a party to the challenged assignment.” [Read more…]

Filed Under: Borrowers, Investors, Mortgage News, Real Estate Professionals Tagged With: California Supreme Court, Deutsche Bank National Trust Company, foreclosure, Herman Thordsen, Morgan Stanley, New Century Mortgage Corporation, Thordsen Law Offices, wrongful foreclosure

We Can Help You with Difficult Projects!

May 26, 2015 By Jeff Heib

1316734389_help
I’ve told a lot of you folks over the last couple years we are not doing owner occupied “consumer” loans. While this is still true, I wanted to let you know there are situations where we CAN help your difficult projects. I don’t wear a cape but we can do some pretty amazing things! If you have a problem, we can likely help you!

A few examples of our success:

[Read more…]

Filed Under: Borrowers, Investors, Real Estate Professionals

Check out Duane Gomer’s Newsletter for April 16th

April 21, 2015 By Jeff Heib

Duane Gomer is a well-known Real Estate Educator and distributes a nice newsletter for the real estate industry. Just thought Id pass along some excerpts of Duane’s newsletter for your  review. (You can see Duane’s contact information at the end of this article if you’d like to subscribe to his free newsletter.)

You can download a PDF version of it here: Duane-Gomer-Newsletter-20150416

FROM DUANE GOMER:

THE CalBRE STATUS SHEET

I strongly recommend that Associates check their Status Sheet regularly.  You might find some Agency error, and people checking the files would think that you had been disciplined in the past.

One point about the files:  For licensees who have had their license a long time, the date of licensing will say, “Unofficial-taken from secondary records,” and many times they are wrong.  How can this be?  I have been told that records in the deep past were lost, so they have tried the best they can.

[Read more…]

Filed Under: Educational, Investors, Real Estate Professionals Tagged With: CALBRE, Duane Gomer

Special Mortgage eAlert: April 2015

April 1, 2015 By Jeff Heib

CFPB ANNOUNCES NEW ‘KNOW BEFORE YOU OWE’

MORTGAGE SHOPPING TOOL KIT. YOU MUST GIVE IT TO THE CONSUMER WITH THE TRID STARTING AUGUST 1, 2015

FACTS

On March 31, 2015 the Consumer Financial Protection Bureau (CFPB) released a new toolkit that guides consumers through the process of shopping for a mortgage and buying a house. The toolkit will help consumers take full advantage of the new Loan Estimate and Closing Disclosure forms that lenders are required to begin providing in August.

The Home Loan Toolkit (designed for web posting and interactivity) is available at:
http://files.consumerfinance.gov/f/201503_cfpb_your-home-loan-toolkit-web.pdf  The toolkit provides a step-by-step guide to help consumers understand the nature and costs of real estate settlement services, define what affordable means to them, and find their best mortgage. The toolkit features interactive worksheets and checklists, conversation starters for discussions between consumers and lenders, and research tips to help consumers seek out and find important information.

The toolkit is designed to replace an existing booklet that creditors currently must provide to mortgage applicants. The updated toolkit is designed to be used in connection with the new Loan Estimate and Closing Disclosure forms that will be effective on August 1, 2015. CREDITORS MUST PROVIDE THE TOOLKIT TO MORTGAGE APPLICANTS AS A PART OF THE APPLICATION PROCESS, and other industry participants, including real estate professionals, are encouraged to provide it to potential homebuyers.

The CFPB is also providing an electronic version complete with fillable text fields and interactive check boxes so the consumer can save and print their progress as they work through the toolkit.

The CFPB is providing the toolkit well ahead of the August effective date for the “Know Before You Owe” mortgage disclosure rule to give industry time to order and receive or print the new toolkit and integrate electronic versions into their mortgage origination systems. (cfpb33115)

MORAL

In easy to understand 28 pages for the consumer! BUT Lenders must give it out commencing August 1, 2015 with the new TILA-RESPA INTEGRATED DISCLOSURE STATEMENT (TRID).

THE INFORMATION CONTAINED HEREIN DOES NOT CONSTITUTE LEGAL OR TAX ADVICE.  THE AUTHOR MAKES NO CLAIMS ABOUT ITS ACCURACY, COMPLETENESS, OR UP-TO-DATE CHARACTER.   NO AUTHOR OR OWNER OF THIS DOCUMENT AND ITS WEBSITE IS ACTING AS YOUR ATTORNEY.   LEGAL RULES AND TAX RULES CHANGE FREQUENTLY, THEREFORE, WE CANNOT GUARANTEE THAT ANY INFORMATION CONTAINED HEREIN OR ON A WEBSITE IS ACCURATE OR UP TO DATE.  FOR LEGAL ADVICE PLEASE CONSULT AN ATTORNEY.

For over 40 years the attorneys at the Thordsen Law Firm have represented clients in many areas of law, including personal injury, trusts and wills, short sales and foreclosure issues, criminal white collar defense, administrative actions, copyright and trademark protection, bankruptcy, civil lawsuits, as well as real estate matters.  Among others we are counsel to buyers, sellers, lenders, realtors, mortgage brokers in California and nationally.  We are counsel to state trade associations in California, Nevada and Arizona.

THORDSEN LAW OFFICES

(888) 667-8529.

Herman Thordsen, Esq.  *
Jozef G. Magyar, Esq. *
Sean Thordsen, Esq.   **

*      Licensed in California State and Federal Courts
**    Licensed in California and Nevada State and Federal Courts

 

Filed Under: Borrowers, Investors, Real Estate Professionals

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6700 Indiana Avenue, Suite 220
Riverside, CA 92506
Phone (951) 686-9639
Toll Free (800) 476-5626
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Fax (951) 686-0361
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Standard Mortgage Financial Services, Inc.
6700 Indiana Avenue Suite 220
Riverside, CA 92506-1827
Phone (951) 686-9639
Toll Free (800) 476-5626
Jeff's Direct Line (562) 806-2921
Fax (951) 686-0361
California BRE #01211863

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