It Wasn’t the Economy, Stupid

And the Second Half - Alan Gordon, a spokesman for the State Bar, would not comment on whether the bar is investigating Chandler or his firm. He said bar representatives often accompany law enforcement on operations involving lawyers to "observe and consult." Chandler said agents also visited the Lead Source, but he was not sure what happened there. He said the company is a call center owned by a man named Gary Bobel that helps respond to the First American Law Center's national ads. The Lead Source website says it has produced ads for loan modification services, including some for First American. Agents at the First American Law Center would not comment Wednesday, except to say a search warrant had been served. Employees at the firm were being interviewed by agents and the offices were closed for the day. Chandler said the First American Law Center has 60 employees. It was not clear if the raids were part of a new national crackdown called "Operation Stolen Dreams" that is aimed at mortgage fraud. Federal law enforcement officials announced the program at a news conference in Washington, D.C., last week. In the announcement, FBI Director Robert Mueller said hundreds of FBI agents were working on task forces with other law enforcement agencies around the country. Staff writer Carly Hill and the Associated Press contributed to this report. Call staff writer Sarah Gordon at 760-740-3517. Posted in Oceanside on Wednesday, June 23, 2010 8:01 pm Updated: 8:08 pm. | Tags: Top, Coastal, Nct, News, Oceanside, Blotter, Don, There is not much difference in Chandlers "Lead Source" and Steigerwalt's "Wise Law Group" except that is where Kerry stashed all his advertising money and Kerry is partner with a non-lawyer and signs up mass tort cases for a percentage. Big no-no. Ah, but who cares in the main stream media. Too much work!
— August 3, 2010 11:17 a.m.

It Wasn’t the Economy, Stupid

Don, Response to post #170 check out or paste this in to your web browser for the NC Times article. It goes: Agents with the FBI, the Internal Revenue Service and the State Bar of California served search warrants Wednesday at two related Oceanside loan modification businesses. The raids took place at the First American Law Center, 615 Mission Ave. in downtown Oceanside, and the Lead Source, 2101 El Camino Real. FBI officials said there were no arrests Wednesday, and they declined further comment. Dean Chandler, president of the First American Law Center, said he was in Arizona when his office was raided. He said he had not been contacted by agents, and he was not sure why his business was being investigated. "We run a very clean shop," Chandler said during a telephone interview. He said his year-old business places national ads offering to help troubled homeowners modify their loans. Of about 2,000 people who have contacted the firm for help getting their monthly housing payments reduced, the firm has succeeded in helping 500, he said. However, numerous Internet consumer review sites contain allegations from unhappy customers that the business is a "scam," pocketing an advanced fee, then failing to return calls or help with loan modifications. Chandler said those allegations were false. He said the company has a money-back guarantee on its $3,495 loan modification service, and it has returned more than $1 million since opening in April 2009. The company keeps a $600 processing fee in every exchange, whether or not a loan can be modified, he said. The company recently stopped asking for payment upfront in California, because of a new law that bars the practice, he said. Chandler is an attorney who was admitted to the California Bar in 1992, according to the California State Bar's website. He has never had any action against his license, according to the site. Second half on next post
— August 3, 2010 11:12 a.m.

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