At least sixteen attorneys are under investigation by the California State Bar for misdeeds related to their loan modification practices. Under California state law signed by Governor Arnold Schwarzenegger on October 11th, 2009, attorneys are prohibited from receiving advanced fees for services rendered related to residential loan modification. The bill, SB 94, has been violated by multiple California attorneys, many of whom have already been disbarred.
Some of these attorneys investigated or suspended include:
• Sean Routledge of the United Law Group of Irvine, who was charged with seven counts of misconduct after receiving a $3,500 loan modification fee upfront.
• Jeffery Nemerofsky, who was investigated for charging loan modification fees without providing services. He resigned on October 16th.
• Ronald Rodis of Newport Beach Rodis Law Group resigned October 13th for loan modification misdeeds.
• James Parsa, a loan modification attorney, was investigated for questionable marketing techniques. Parsa was forced to resign after 2 convictions of statutory rape with an underage girl were uncovered that were previously unreported to the California Bar.