What is the Rest Report? Consider this: Every single person that has applied for a loan modification has done it the exact same way. They’ve sent in information about themselves. Their hardship letter, their paycheck stubs, their tax returns, their application… all things that paint a picture that they hope the bank will view as [...]

Assembly member Ted W. Lieu (D-Torrance) today announced Governor Schwarzenegger signed ABx2 7 (Lieu), one of the most comprehensive and important pieces of legislation in the country to stem the tide of foreclosures and get our economy back on track. The California Foreclosure Prevention Act will now impose a 90 day foreclosure moratorium unless a [...]