It is illegal to operate as a mortgage foreclosure consultant—that is, to perform any foreclosure-consultant service—in California unless the foreclosure consultant has obtained a Certificate of Registration as a Mortgage Foreclosure Consultant from the Department of Justice. In order to obtain the required Certificate of Registration, a foreclosure consultant must complete the application and provide all required documents to the Department of Justice.
If you are a foreclosure consultant, you must submit an application, together with a copy of the contract you will use with clients and all of the other documents required by the application form. You must send this information and a check for the $850 filing fee, made payable to the “California Attorney General’s Office,” to:
Before you may obtain a Certificate of Registration, you must obtain a bond in the amount of $100,000 and file a copy of the bond with the Secretary of State, or make a $100,000 deposit in lieu of obtaining a bond. The Certificate of Registration will not be issued until the Secretary of State acknowledges that the bond has been properly filed. Please contact the Secretary of State to obtain the necessary bond forms at:
If you would rather make a $100,000 deposit instead of obtaining the bond, contact the Foreclosure Consultant Registration Program at the address listed above.
Your application will not be processed until the completed application form, all required documents, and the $850 fee have been received, and either the Secretary of State has acknowledged receipt of the bond or you have made the necessary $100,000 deposit in lieu of the bond.
After a Certificate of Registration is issued to you, you must inform the Department of Justice each time there is a material change in any of the information or documents you supplied with your initial application. Failure to do so can result in the revocation of your Certificate of Registration. Notify the Department of Justice of material changes at the Foreclosure Consultant Registration Program address listed above.
For more important information about what constitutes a mortgage foreclosure consultant and about additional requirements, see the Mortgage Foreclosure Consultant Law.