Mortgage Expert Witness: California Litigation Heating UP

[Joffrey Long]

Joffrey Long: Specific to those involved in real estate lending, there are two new areas that unfortunately may lead to new disputes in real estate lending.

Expert witness consultation and testimony always opens the door to finding out firsthand what trends are expected or already starting to happen in mortgage lending.

Litigation, in addition to that which is already happening will be in the form of disputes related to the "Homeowner Bill of Rights" which became law, as well as the new law requiring providers of trust deed investments to inquire about and consider the suitability of California trust deed investors when they are placing funds into trust deed investments.

California passed the two laws so they became effective 1/1/13. It won't take long before some transaction goes the wrong way, someone gets upset and a dispute turns into a lawsuit under one of the new laws.

You can look up a little information on some other types of disputes involving a mortgage. Information about the different kinds of individuals providing services as a mortgage expert witness is available on my various web pages and sites, mostly accessible by Googling my name in quotation marks.

Joffrey Long

or type into Google, "Joffrey Long"