Practicing real estate law in California can be a fun and diverse body of work. The downside is seeing the surge in mortgage fraud and how it especially preys on elders. As real estate values have risen, so too has the wealth of elders who have owned their homes for many years. Additionally, as they [...]
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A week ago, Californian papers reported that Folsom-based Central Pacific Mortgage was shutting down. Apparently, Central Pacific’s 17-year president and chief executive officer, John Courson, was the 2002 and 2003 chairman of the Mortgage Bankers Association, the national trade group for mortgage bankers. Additionally, he had been appointed by Governor Schwarzenegger to chair the board [...]
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