Schwarzenegger Signs Bill Targeting Forensic Loan Audit Ripoffs

In Sacramento, California, The Sacramento Bee reports:

• California homeowners could get protection from "foreclosure-relief" scams under a bill signed into law by Gov. Arnold Schwarzenegger. Assemblyman Ted Lieu, D-Torrance, said his measure targets so-called forensic loan audits, where homeowners paid upfront fees, purportedly to determine their lender's compliance with state and federal mortgage laws.

For the story, see New state law targets mortgage relief scams.