On the 18th of March, year of our Lord 2008, Los Angeles Superior Court prosecutors formally filed charges against 6 Mortgage lending companies.  This was conducted by the Attorney General’s office because they had pushed homeowners into "illegal and unconscionable loans."

Due to the Mortgage and Real Estate crunch, these lenders are using whatever means necessary to put some of those elusive green-backs into their pockets, no matter what the cost.  Instead of preparing for the thinning of the flock, they are still hitting people from illegal and with totally unethical approaches. 

The Attorney General Brown commented, "The illegal sales practices of these companies… included psychological pressure, forgery and outright lies."

Brown had these companies and their assets frozen in the tracts.  Money, cars, real estate holdings and the like were held and will not able to be accessed until this thing is worked out properly.  There is also a $20 Million dollar price tag that Brown is pushing for with regard to penalties and restitution.

What does this mean.  People will sacrifice others to make a buck.  Be Careful with whom you choose to hitch your trailer.  Be weary of the fast talkers and people quick to have you sign.  Have us Run interference for you when it comes to all aspects of Real Estate.  Our reputation is viewed by us as being priceless.  I’m not about to loose all of the ground we have gained over the past 10 years by selling someone short or putting someone where they do not want to be!- CONNOR with HONOR - We are REMAX of Santa Clarita and REMAX of Valencia - I love this Place!!! 

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