The whole title of the ebook actually reads...In Compliance-How To Set Up a Legitimate Loan Modification Business in California and avoid the wrath of the DRE, FBI, DOJ, HUD, FTC, AG and State Bar of California.

Yes, regardless of what state you are from, these are some of the regulatory agencies that are looking over your shoulder if you are operating a loan modification business and targeting California residents. You cannot afford to be uninformed about the rules that apply to you as the consequences are serious--both civil and criminal penalties can apply.

As a lawyer and real estate broker, I have researched loan modification business models, and have found that the majority of them are in violation of one or more California laws. This business is primarily governed by the Department of Real Estate, but also can be scrutinized by the FBI, Department of Justice, HUD, FTC, California Attorney General and the State Bar of California.

In Compliance covers the major areas of focus in operating a legitmate loan modifications business in California. Learn exactly how to get your business on track, from licensing, advance fees, foreclosure consultants, referral fees and attorney relationships. Most importantly, become informed about civil and criminal penalties for violations and red flag advertisements that clue the agencies into the fact that your business does not comply with the law.

Chapter 1: Licensing-Your Ticket To A Piece Of The Loan Mod Pie

Chapter 2: It Is All About The Benjamins-Collecting Advance Fees

Chapter 3: Foreclosure Consultants-The Department Of Justice Wants To Know Who You Are

Chapter 4: Referral Fees-Giving Money Away Can Hurt You

Chapter 5: "Attorney Backed" Is An Oxymoron

Chapter 6: Why Your Attorney's License Is At Risk

Chapter 7: Serious Civil and Criminal Consequences

Chapter 8: Red Flag Craig's List And Other Internet Ads


In Compliance is an ebook that addresses the subject of rules and regulations applicable to loan modification businesses in California. It does not contain instruction on preparing loan modification packages or negotiating loan modifications.