Law.com: “The State Bar of California’s crackdown on attorneys for alleged loan modification misconduct has claimed five more lawyers in Southern California, three of whom have resigned. Since the State Bar of California launched its Loan Modification Task Force in April, 14 attorneys have resigned or been placed on involuntary inactive status. About 250 lawyers are under investigation.”
Calif. Bar Crackdown on Loan Modification Misconduct Claims 5 More Attorneys
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A collateralized mortgage obligation (CMO) is a financial debt vehicle that was first created in June 1983 by the investment banks Salomon!