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Foreclosure Information for Homeowners
A brochure
that explains the foreclosure process and possible alternatives to foreclosure has been posted. (11/17/09)
Fraud Warnings for California Homeowners in Financial Distress
A brochure
that provides an overview of home loan modifications and where to find free foreclosure avoidance counseling has been posted. (11/17/09)
Department of Real Estate Launches Spanish Language PSA to Protect Consumers Against Mortgage Fraud
Press release
regarding the launch of Spanish language PSA has been posted. (11/16/09)
SB 94 – Prohibition of Advance Fees for Residential Loan Modifications
New FAQ's on SB 94 (Prohibition of Advance Fees for Residential Loan Modifications)
have been posted. (11/16/09)
Advance Fees Prohibited for Home Loan Modifications by New State Law
Press release
regarding advance fees has been posted. (10/23/09)
Consumer Alert – Fraud Warnings (Spanish)
The Consumer Alert – Fraud Warnings (Spanish)
has been updated with important information. (10/23/09)
Consumer Alert – Fraud Warnings (Chinese)
The Consumer Alert – Fraud Warnings (Chinese)
has been updated with important information. (10/23/09)
Consumer Alert – Fraud Warnings
The Consumer Alert – Fraud Warnings
has been updated with important information. (10/13/09)
Important Notice: Advance Fees for Loan Modifications Now Prohibited (Effective immediately)
On October 11, 2009, Governor Schwarznegger signed Senate Bill 94 (Calderon), and the legislation took effect
immediately upon his signature. Read important notice.
(10/12/09)
Department of Real Estate Brochure
The Department of Real Estate Brochure
has been redesigned and updated. (10/5/09)
Fall 2009 Real Estate Bulletin
The Fall 2009 Real Estate Bulletin is now available. (9/28/09)
Time-share FAQ's
New FAQ's on Time-shares have been posted. (8/26/09)
Electronic Examinations Launched
DRE is now conducting salesperson and broker examinations in the Oakland District Office using an electronic examination system. Click here for further details. (8/3/09)
RE-4 Instructions to License Applicants
The updated RE-4 Instructions to Licence Applicants
is now available. (7/1/09)
Summer 2009 Real Estate Bulletin
The Summer 2009 Real Estate Bulletin is now available. (6/22/09)
Spring 2009 Subdivision Industry Bulletin
The Spring 2009 Subdivision Industry Bulletin is now available. (6/18/09)
Contact Licensing and Examinations by email
DRE has launched a pilot program which will allow applicants, licensees, and members of the public to contact the Licensing Section by e-mail in order to ask questions regarding either Examinations or Licensing. A response will be provided within three to five business days. Follow this link to complete an e-mail form to submit your questions. (06/08/09)
Important Information: California Foreclosure Consultant Registry
Effective July 1, 2009, it will be unlawful for a foreclosure consultant, as defined in Civil Code Section 2945.1 to engage in the foreclosure consultant business unless it has registered with the Attorney General’s Office at: http://www.ag.ca.gov/register.php. (06/04/09)
Actions Taken Against a Licensed or Unlicensed Person/Entity for Loan Modification Activities
View the list of persons and entities that have been served with a Desist and Refrain Order and/or Accusation by the Department of Real Estate resulting from a loan modification and/or foreclosure rescue transaction. (5/19/09)
Fee Increase
Examination, License, and Subdivision Filing
fees are scheduled to increase
effective July 1, 2009. For further details see Fee Increase Notice. (5/12/09)
Spring 2009 Mortgage Loan Bulletin
The Spring 2009 Mortgage Loan Bulletin is now available. (4/30/09)
Consumer Alerts
Fraud Warnings for California Homeowners
(March 2009)
Advance Fees and Loan Modification Services (October 2008)
Spring 2009 Real Estate Bulletin
The Spring 2009 Real Estate Bulletin is now available. (3/23/09)
Advance Fees and Loan Modifications Services
The Department of Real Estate has updated the “Sample/Model” advance fee agreement and verified accounting forms for loan modification services. The majority of the changes are in format only. If a broker has previously been issued a “no objection” letter from the Department, it is NOT necessary to submit a new agreement. The updated agreement and accounting forms are linked to the “Introduction to Sample Advance Fee Agreement” and are now in PDF Fill-in format.
Job Analysis and Examination Testing Procedures Study
DRE is conducting a new examination study. A key component of the study includes a real estate broker and salesperson job survey. We request your participation in completing the survey to ensure the study produces the most current and pertinent knowledge, skills, and abilities that are required of an individual entering the real estate field. Please visit the Exam Study Survey page for more information.
Advance Fees and Loan Modifications Services
Read this before you pay any advance fee to a broker.
Approved Borrower Disclosure Statements for all Mortgage Loan Transactions
Regulation changes, effective August 15, 2008:
Forms RE 882 , RE 883 and RE 885
Spring 2008 Subdivision Industry Bulletin
The Spring 2008 Subdivision Industry Bulletin is now available. (4/4/08)
