Certified Forensic Loan Auditors, LLC

  Upcoming Classes

Law Alert! Consumer Protection Enacted Legislation - Stats 2012 Chapter 86

ceb.com | June 10, 2014

Loss Mitigation regulations that went into effect January 2014

Have you taken advantage of all the options offered via REGULATIONS?

CFPB Mortgage Loan Servicing Regulations Became Effective January 10, 2014


In 2013, the Consumer Financial Protection Bureau (CFPB) exercised its discretionary rulemaking authority and published new loan servicing and loss mitigation regulations.

California Enacts Foreclosure Legislation Codifying and Extending Provisions of the National Mortgage Settlement

On July 11, 2012, California became the first state to enact legislation (stats 2012, ch 86) to codify provisions of the NMS.

The legislation is intended to change California's nonjudicial foreclosure process to ensure that borrowers have a meaningful opportunity to obtain foreclosure prevention options offered by the borrower's mortgage servicer, such as loan modifications or other alternatives to foreclosure.

The legislation applies to first liens-the most senior mortgage or deed of trust-secured by the borrower's primary residence. See CC §2924.15. In general, its obligations apply to mortgage servicers that conduct more than 175 foreclosures a year.


Nancy Duffy McCarron, CBN 164780
Attorney, Real Estate Broker, BBB Arbitrator, CA Notary Public
Certified Forensic Loan Auditor, Property Manager

Back to Letters from the Editor Archive

CFLA was founded by the Nation's Leading Foreclosure Defense Attorneys back in 2007 to serve the Foreclosure Defense Industry and fight pervasive Bank Fraud. Since opening our virtual doors, CFLA has rapidly expanded to become the premier online legal destination for small businesses and consumers. But as the company continues to grow, we're careful to hold true to our original vision. For us, putting the law within reach of millions of people is more than just a novel idea—it's the founding principle, just ask Andrew P. Lehman, J.D.. With convenient locations in Houston and Los Angeles, you can contact Our National Account Specialist and General Manager / Member Damion W. Emholtz at 888-758-2352 for a free Mortgage Fraud Analysis or to obtain samples of work product, including cutting edge Bloomberg Securitization Audits, Litigation Support, Quiet Title Packages, and for more information about our Nationally Accredited and U.S. Department of Education Approved "Mortgage Securitization Analyst Training Certification" Classes (3 days) 24 hours for approved CLE & MCLE Credit (Now Available Online).

SEE BELOW- http://www.certifiedforensicloanauditors.com

Call us toll free at 888-758-2352

Bookmark and Share
Facebook Like us on Facebook
Twitter Follow us on Twitter
YouTube View our YouTube Videos
LinkedIn Connect to us on Linkedin
BBB Logo


Contact us or view our Sample Documents & Audits by completing the form below.

  • Reload
  • Should be Empty:

International Bloomberg Securitization Audits


DVD Sets Only $99


FREE Mortgage Fraud Analysis


Order Cutting-Edge Services Now


Quiet Title Packages from Licensed Attorneys


Affiliate Services


CFLA Sponsored Attorney Links


Take-Home Education Package