Welcome to the Department of Real Estate

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Industry

Real Estate Business Guidance

Mortgage Information

Short Sale Fraud

  • Short Sales Graphic:  Denotes a PDF document
    An Overview and Warning to Real Estate Licensees Re: Fraud, and Legal and Ethical Minefields.
Foreclosure Prevention

  • Citation Toolkit Graphic:  Denotes a PDF document
    Working together to prevent loan modification and foreclosure scams.
Important Information: California Foreclosure Consultant Registry

Effective July 1, 2009, it will be unlawful for a foreclosure consultant, as defined in Civil Code Section 2945.1 to engage in the foreclosure consultant business unless it has registered with the Attorney General’s Office at: http://www.ag.ca.gov/register.php. All foreclosure consultants operating in California must post a $100,000 bond and register with Attorney General’s Office by July 1, 2009 and submit the following information:

  • Name, address, and telephone number;
  • All names, addresses, telephone numbers, websites, and e-mail addresses used or proposed to be used in connection with their business;
  • Copies of all advertising;
  • Copies of each different contract the consultant will use with consumers; and
  • A copy of its $100,000 bond

For more information please visit: http://ag.ca.gov/consumers/general/foreclosure_reg.php.


SB 94 – Prohibition of Advance Fees for Residential Loan Modifications


ARELLO