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Loan Modification Fraud

CALIFORNIA LOAN MOD AGENTS CONVICTED FOR FRAUD

A California woman will spend the next year under house arrest for defrauding borrowers who lost their homes to foreclosure.

Sara Beth Bushore Rosengrant and her accomplices Ziad Nabil Mohammed al Saffar were sentenced last week for operating a loan modification scam in San Diego. Not being a U.S. citizen, al Saffar will be deported after serving 21 months in federal prison. Both pleaded guilty to the scam. Daniel al Saffar also admitted working as a sales representative connected to the operation and will serve six months under house arrest. Each defendant paid $30,000 in restitution to the victims before being sentenced.

The three principal agents operated under a business name Compliance Audit Solutions or CAS Group. The scam entailed offering false audits of mortgages for borrowers who could no longer afford monthly payments and claiming to find “violations” in the documents to force the banks into negotiations.

The associated websites were deceptively named after the Home Affordable Modification Program, replete with claims that they were affiliated with the Department of Housing and Urban Development.

If you are in doubt about any solicitation you receive, please call us. Lawyers Realty Group offers a free legal review of all solicitations from realtors, lawyers, brokers, investors and others to help you determine the validity and viability of the claims being made. There is no obligation or commitment. The call could save you from a devastating misdirection.

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EXCEPTIONAL SERVICE – UNPRECEDENTED PROTECTION

LAWYERS REALTY GROUP is an attorney owned and operated real estate brokerage that was formed to help level the playing field between struggling homeowners and the banks who are threatening them with foreclosure, eviction, deficiency judgments, and collection actions.

Unlike traditional real estate agents, loan mod companies, bankruptcy attorneys, litigators and others who aggressively market their particular one-size-fits-all solution regardless of a homeowner’s future liability and financial well-being, Lawyers Realty Group provides clients with a customized analysis of their options, free legal counseling and clear direction on how to best resolve their particular mortgage issues – all without charging fees to the homeowner.

 

Derik N. Lewis, Esq., is the founder and president of Lawyers Realty Group. Derik is a California real estate attorney, a licensed Realtor® and a member of the National Association of Consumer Bankruptcy Attorneys. He graduated magna cum laude from Boston University School of Law and has nearly 30 years of real estate experience. For more than two decades as an attorney in private practice, Derik has represented California homeowners with difficult real estate matters. Derik previously served as legal counsel for some of the world’s largest lenders including Bank of America, Wells Fargo and JPMorgan Chase (he knows how they operate and how to work within their systems to help you achieve the best possible outcome). He is also a visiting lecturer at the University of Southern California School of Law speaking on real estate law, brokerage and litigation.

Professional Associations

  • Admitted to all State and Federal Courts in California
  • California Bar Association
  • Orange County Bar Association
  • National Association of Consumer Bankruptcy Attorneys
  • National Association of Realtors
  • California Association of Realtors
  • Orange County Association of Realtors
  • California Regional Multiple Listing Service

No Cost Services

Free legal analysis of all of your options, including how to limit or eliminate tax and deficiency liability.

Complete representation for the option that best suits your situation, whether you need assistance in reviewing a loan modification, filing bankruptcy, seeking a deed-in-lieu of foreclosure, pursuing a planned foreclosure or selling in a short sale.

Free Bankruptcy filing in the BK/Short Sale package.

Free legal review and fraud analysis of all solicitations from the bank, real estate agents, lawyers or others.

Free and complete short sale representation including MLS listing, marketing, negotiation, deficiency waivers and closing. You need an Attorney/Realtor® to provide legal leverage and fully protect your interests.

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