IRVINE, CA (AttorneyNewswire.com) — July 26, 2010 — California mortgage brokers will have to pass criminal background checks, credit checks, and licensing exams by July 31 before being allowed to work in the state. California is one of many states that did not previously require mortgage brokers to earn individual licenses, but the move...
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Author Archive
Noted Foreclosure Attorney Tim McFarlin Explain New Law That Requires Background Checks For Mortgage Brokers
Bank of America Tells Borrower His Loan Modification Attempt is Void, Respected Foreclosure Attorney Tim McFarlin Reacts
IRVINE, CA (AttorneyNewswire.com) — July 23, 2010 — Alin Negrila, a San Antonio, TX resident and Bank of America customer, bought his home just before the economy fell. When it became difficult for Negrila to make his monthly mortgage payments, he contacted his lender to discuss his options. Negrila was placed on a forbearance...
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Employment Law Group says Dodd-Frank Financial Services Reform Bill Provides Robust Whistleblower Protection
WASHINGTON, DC (AttorneyNewswire.com) — July 20, 2010 — Recognizing that robust whistleblower protection is critical to preventing another financial crisis, Congress included in the Dodd-Frank financial services reform bill numerous provisions to encourage whistleblowing and to provide robust protection from retaliation. The bill provides substantial monetary rewards for reporting fraud to the Securities and...
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Unions Now Joining the Fight Against Under Performing Lenders, Foreclosure Attorney Tim McFarlin Supports The Position
IRVINE, CA (AttorneyNewswire.com) — July 19, 2010 — Six labor unions in New York, along with New York City Comptroller John C. Liu, recently sent a letter to mega lenders Citigroup, JPMorgan Chase, Bank of America and Wells Fargo that expresses their concern over the lack of effort being made to assist borrowers with...
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Attorney Jim Fitzgerald Notes Settlements of Paxil and Birth Defect Cases
CHEYENNE, WY (AttorneyNewswire.com) — July 19, 2010 — GlaxoSmithKline makes Paxil. It also makes money, lots of it. And now it is going to pay some of it back because it withheld important information from the public. GlaxoSmithKline announced it expects legal charges of approximately $2.4 billion for the second quarter of 2010. The reports are that the...
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Noted Foreclosure Attorney Tim McFarlin Warns Homeowners To Never Transfer Title
IRVINE, CA (AttorneyNewswire.com) — July 13, 2010 — Even though the public has been warned against the types of scams that prey on homeowners facing foreclosure, a large number of those homeowners continue to be made victims by clever thieves posing as loan modification companies. One tactic used by scammers is to request the...
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McFarlin and Geurts, LLP Provides Counseling and Assistance to Union Bank Borrowers, Helping Them Save Thousands per Month
IRVINE, CA (AttorneyNewswire.com) — July 9, 2010 – McFarlin & Geurts, LLP is pleased to announce it is now able to represent Union Bank borrowers in negotiating lower mortgage payments and interest rates through little publicized Union Bank rules and regulations on “jumbo” loans. Very few “jumbo” Union Bank borrowers may be aware that in response...
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California Foreclosure Attorney Tim McFarlin Supports Lawsuits Against Bank of America
IRVINE, CA (AttorneyNewswire.com) — July 8, 2010 — Fifteen residents of Texas are suing mega-lender Bank of America for operating a system of lending that forces homeowners into foreclosure. The fifteen claim that the lender misleads borrowers, prevents modification of loans, and ignores promises to lower payments. Attorneys for the fifteen low income Texans...
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Wells Fargo Blames Borrowers, Noted California Bankruptcy and Real Estate Attorney Timothy McFarlin Reacts
IRVINE, CA (AttorneyNewswire.com) — July 6, 2010 — Michael Heid, co-president of Wells Fargo Home Mortgage, recently offered testimony in a hearing conducted by the House Committee on Oversight and Government Reform. His testimony offered an explanation for the lack of loan modifications his employer has managed to approve since the institution of President...
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Website Supporting David Hulstedt, Victim of Illegal Scottsdale SWAT Shooting, Now Shows Scottsdale SWAT Team Terrorizing Dog
SCOTTSDALE, AZ (AttorneyNewswire.com) — July 2, 2010 — ScottsdalePoliceShooting.org, the website dedicated to presenting details of the illegal shooting of David Hulstedt by the Scottsdale Police Department, now provides direct access to a YouTube video posted by a user stating it’s the Scottsdale SWAT team harassing a dog so the team can attack. The...
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