Herman Thordsen

Herman Thordsen is the principal and senior attorney of the firm which has been in existence since 1972 and his practice includes defense of those accused of mortgage fraud, real estate, foreclosure issues, buy-back demands or loss reimbursements lawsuits requested by mortgage lenders, FDIC, and others. Thordsen's articles cover a range of topics involving laws, cases and regulations as interpreted by state and federal courts, as well as the California Department of Corporations, Nevada Mortgage Lending Division, other state's regulators and the United States Department of Housing and Urban Development including issues on RESPA, TILA, Reg Z, and criminal indictments for mortgage loan fraud. The firm represents those charged with mortgage loan fraud in federal courts.

Four Convicted in Loan Mod Scam
May 16, 2013 On May 8, four men were convicted in a California court of defrauding hundreds of victims in a real estate scam that included...

San Diego Broker Pleads Guilty
May 9, 2013 Mary Armstrong pled guilty to all five counts of an indictment charging her with wire fraud, money laundering and conspiracy.

HUD Audit Questionnaire Being Sent
May 2, 2013 There are a series of 17 questions plus comments for the borrower to make.

Convicted of Forging In Laws' Names on Loan Application
April 26, 2013   RENO WOMAN GETS OVER SIX YEARS IN FEDERAL PRISON FOR MORTGAGE FRAUD ON HER IN LAWS’ PROPERTY FACTS On April 11, Tandy...

Employer Dos and Don'ts
April 18, 2013 A couple of warnings, specific to California, but could apply in other states as well.

Mother and Son Convicted of Mortgage Fraud
April 11, 2013 Jurors in a Riverside County, Calif., courtroom convicted Hendrix Montecastro and his mother, Helen Pedrino, on hundreds of...

Surprise Visits From California Regulators On Tap
April 4, 2013 The California Department of Real Estate has issued an internal directive to start broker office surveys, which include...

Bank Can Be Sued in HAMP Dispute
March 25, 2013 The appellate court reversed and allowed the plaintiff to sue JPMorgan Chase for fraud and breach of written contract.

Fraudster Turned Informant Indicted
March 14, 2013 Paul Tomko has chutzpah for committing mortgage fraud while working as an FBI informant.

Pastor, Broker Both Convicted of Fraud
March 7, 2013 Michael Wilkerson recruited some of congregants to be straw buyers.