Monthly Archives: September 2009

California Legislature puts its weight behing the Obama Plan

September 18, 2009 – 4:36 pm

On the one year anniversary of the Lehman Brothers collapse, Assemblymember Ted Lieu (D-Torrance) today announced the introduction of AB 1588, the Monitored Mortgage Workout Program, which would provide for state-appointed monitors to ensure homeowners have a chance to work out with their lenders a plan to prevent home foreclosure. Such monitors are critical to [...]

By Raffy Boulgourjian, Esq. | Posted in Uncategorized | Comments (0)

Are Banks giving loan mod applicants the runaround?

September 7, 2009 – 12:13 pm

This short news clip accurately demonstrates some of the many problems common to the loan modification experience today.  I have seen all of these problems and can tell you they are prevalent.  Lost paperwork, poor training, lack of knowledge about the Making Home Affordable Plan, dropped calls , all are common.
Are banks deliberately [...]

By Raffy Boulgourjian, Esq. | Posted in Uncategorized | Comments (0)