Wrongful Foreclosure; Temporary Loan Modification; Void Sale: Tender Not Required

  In Chavez v. Indymac Mortgage Services the court allowed a wrongful foreclosure case to proceed where the borrower complied with all the terms of the temporary loan modification and timely signed and returned the loan modification agreement. Continue reading

Consumer Protection Bureau Files First Lawsuit Against Law Firm

   My interest was perked by this article in the WSJ today: “Consumer Protection Agency’s First Lawsuit Targets Law Firm”. It warms my heart when scam artists, particularly those who happen to trade on their law license, get their due. One of the principals involved in the alleged scam is California attorney Chance Gordon who operated a loan modification mill under several DBAs. State Bar proceedings, and hopefully criminal charges, will follow. A receiver has been appointed. If you have been a victim, contact the State Bar and Kent Kawakami, local counsel for the Consumer Protection Bureau, whose contact information is listed on the face page of the complaint.

UPDATE: On February 22, 2016 the State Bar Court recommended disbarment of Chance Gordon. The decision is here.