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California Supreme Court Declines to Hear Appeal in Honchariw v. FJM Private Mortgage Fund, LLC

Where does that leave us? December 22, 2022  By: Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP The California Supreme Court declined to entertain an appeal in the California First District Court of Appeal’s decision on September 29, 2020 in Honchariw v. FJM Private Mortgage Fund, LLC.  The case is now governing law. The industry...

Private Money Reverse Mortgages

A Unique Doss Law, LLP Loan Document Product May 2, 2022  By: Dennis H. Doss & Christopher J. Donovan | Doss Law,LLP As most readers know, reverse mortgages are an extremely popular method for senior citizens to supplement their retirement income, because there are no loan payments during the senior citizen’s lifetime.  The loan balance simply accumulates...

Finder’s Fees For Raising Capital

December 20, 2021  By: Dennis H. Doss & Christopher J. Donovan | Doss Law, LLP We are frequently asked about the legality of finder’s fees paid to raise capital for mortgage transactions and pool investments.  A finder’s fee is compensation to someone who finds money for an investment.  It provides an incentive to the finder to refer...
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