Rhode Island Mortgage Foreclosure Consultant Law Available Here
Rhode Island passed two new laws in 2006 designed to curb the abuses associated with foreclosure rescue situations. One law regulates the activities of so-called foreclosure consultants; the other addresses the activities of foreclosure purchasers, those who purchase realty from property owners facing foreclosure.
The Mortgage Foreclosure Consultant Regulation became effective immediately upon passage, can be found in Title 5, Chapter 79 of the Rhode Island Statutes, and encompasses Sections 5-79-1 through 5-79-9 (each section has its own link).
In addition, the new statute regulating Mortgage Foreclosure Purchasers can be found in Title 5, Chapter 80 of the Rhode Island Statutes and encompasses Sections 5-80-1 through 5-80-9 (each section has its own link).
The Mortgage Foreclosure Consultant Regulation became effective immediately upon passage, can be found in Title 5, Chapter 79 of the Rhode Island Statutes, and encompasses Sections 5-79-1 through 5-79-9 (each section has its own link).
In addition, the new statute regulating Mortgage Foreclosure Purchasers can be found in Title 5, Chapter 80 of the Rhode Island Statutes and encompasses Sections 5-80-1 through 5-80-9 (each section has its own link).
posted by Home Equity Theft Reporter at 7:22 AM
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