January 21, 2018

Mortgage Alert from Herman Thordsen – August 12, 2013

Now learn and be careful (Click on the link below for the full Mortgage Alert Report).

  1. California man gets five years in Arizona prison for collecting advance fees.
  2. California HOA’s cannot foreclose unless they give proper notice after sale or sale can be set aside.
  3. Foreclosure scam artist on the run for ten years gets to spend the next eleven in prison.
  4. Put a lock box on a listed home can be dangerous to your wealth and the contents as well as your real estate license.
  5. Three in Connecticut charged with mortgage fraud.
  6. Connecticut lawyer pleads guilty to mortgage fraud.
  7. New Jersey still competes to be in the mortgage fraud system
  8. Texas says the 3% cap it has on loan origination fees includes the origination points charged by the lender.

Come to the September 12 seminar in Brea and learn a lot about foreclosures and other things that can help you generate business.

We have just completed the new Bureau of Real Estate self-audit manual to keep licensees out of trouble and out of disciplinary proceedings by the Bureau of Real Estate. If you would like to obtain yours now to stay compliant, contact Sean Thordsen or Herman Thordsen at 714-662-4990.  Complying with the manual is a lot less expensive than paying to keep your license from being disciplined.

Herman Thordsen Mortgage E-Alert 13-8-2


Herman Thordsen
Law Offices of Herman Thordsen
“A Full Service Law Firm”
6 Hutton Centre Drive, Suite 1040
Santa Ana, CA 92707
(714) 662-4990

What Has CAMP Done For You Lately?

CAMP has made the mortgage loan originator relevant in the minds of legislators and regulators in California and Washington, DC. The government affairs effort on behalf of CAMP has allowed the voice of loan originators to be heard. CAMP gives guidance on to legislators on how things SHOULD be done in order to move the housing markets forward.  CAMP has even altered regulators of harmful “unintended consequences” on new bills and regulations.

CAMP was in the trenches for LO Comp Reform, Appraisal Independence, Dodd-Frank Act and many other bills that “could have been worse.” If it had not of the great efforts of CAMP members as a collective to ensure the voice of the consumer and loan originator was heard we may be working in much harsher conditions.

Help protect your profession by renewing your CAMP membership. Join the fight; don’t sit on the sidelines.

CAMP works tirelessly to provide meaningful benefits and services, such as cost effective training, to support your every day business.  As 2012 draws near, CAMP is retooling and refining member benefits to ensure that we are supporting you – our valued member.

For further details on membership, please contact Carmen Berry at 916-448-8236 or cberry@ca-amp.org.

Renew Online Here

Download the CAMP Application Here