2129 Mariners Dr
Newport Beach, CA 92660
1 July 2011 | Not Eligible To Practice Law in CA (13 years, 10 months ago) |
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23 August 1994 | Active (30 years, 8 months ago) |
25 July 1994 | Not Eligible To Practice Law in CA (30 years, 9 months ago) |
11 January 1949 | Admitted to The State Bar of California (76 years, 4 months ago) |
January 12, 2012 WILLIAM THOMAS HAYS [#20286], 89, of Newport Beach was suspended for three years, stayed, placed on three years of probation with an actual two-year suspension and until he makes restitution and proves his rehabilitation and he was ordered to take the MPRE and comply with rule 9.20 of the California Rules of Court. The order took effect Jan. 12, 2012. Hays stipulated to 69 counts of misconduct in 14 loan modification cases. In each case, he violated a state law that prohibits taking advance fees for offering to perform a mortgage loan modification. He also did not provide the required statement that individuals do not need to hire a third party to arrange for a loan modification, but can call lenders directly or use nonprofit housing counseling agencies.Hays also charged illegal or unconscionable fees, failed to account for fees, release client files or keep clients informed of significant developments in their cases, and he practiced in jurisdictions (Nevada, Florida, Massachusetts and Virginia) where he was not admitted.He agreed to pay $35,825 in restitution.In mitigation, Hays had no discipline record in more than 62 years of practice. |