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]]> Comment on Maryland Loss Mitigation Regulations by admin http://ushomesavers.com/blog/?p=8#comment-38 admin Sun, 14 Jun 2009 14:07:04 +0000 http://ushomesavers.com/blog/?p=8#comment-38 We all know that US HomeSavers is not a law firm and does not give legal advise. As a matter of policy, we approve of the "intent" of states' legislation to curb illegal and/or unethical practices perpetrated against homeowners facing a foreclosure situation. My non-legal opinion of this statute means that any resident of Maryland who is engaged or desires to offer loss mitigation services must be appropriately licensed to do so. So be it then. We would advise you to seek appropiate licensing then we can service your customers in complete compliance with this rather poorly written statute. We all know that US HomeSavers is not a law firm and does not give legal advise. As a matter of policy, we approve of the “intent” of states’ legislation to curb illegal and/or unethical practices perpetrated against homeowners facing a foreclosure situation.

My non-legal opinion of this statute means that any resident of Maryland who is engaged or desires to offer loss mitigation services must be appropriately licensed to do so. So be it then. We would advise you to seek appropiate licensing then we can service your customers in complete compliance with this rather poorly written statute.

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