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CA AB2325
Bill
AI Summary
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Expands the definition of "foreclosure consultant services" to include arranging or attempting to arrange audits of obligations secured by liens on residences in foreclosure.
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Requires any person arranging or attempting to arrange such audits to register with the California Department of Justice and obtain a certificate to provide foreclosure consultant services.
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Makes it a crime to arrange or attempt to arrange audits of foreclosure-related obligations without proper registration with the department.
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Specifies that no state reimbursement is required because the act only changes the definition and scope of an existing crime under Government Code Section 17556.
Legislative Description
Mortgage foreclosure consultants: loan audits.
Last Action
Chaptered by Secretary of State - Chapter 596, Statutes of 2010.
9/30/2010