Calif. foreclosure consultants must register

June 1, 2009 5:27:40 PM PDT
Attorney General Jerry Brown has issued a directive that all foreclosure consultants must register with his office.

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Brown says a lot of bad operators have been taking huge upfront fees and then doing nothing.

Along with their name and address, foreclosure consultants must also provide copies of all contracts and advertisements used by the firms.

It is doubtful many will file, because few are legit. This will make it easier to go after the bad actors.

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