Reginald Sylvester Real Estate |
Reginald Sylvester is a former California Real Estate Broker who helped save more than 500 homes from foreclosure. During the housing crisis, Bank of America, Chase, Wells Fargo, IndyMac, GMAC, Citigroup and a host of other lenders and loan service companies were taking advantage of distressed homeowners.
Foreclosures were at an all-time high, and most were a violation of California law. As a former U.S. Marine, Administrator and Real Estate Broker, Reginald decided to make a stand. Reginald, recruited and trained more than 50 San Joaquin County Work-Net trainees. Under his leadership, they took on the lenders and successfully modified more than 500 mortgage loans. However, unhealthy Advance Fee legislation caused Reginald to make a decision. Abandon more than 400 homeowners and allow them to face foreclosure or take a stand. "We did what was right for the California homeowners. It was an easy decision. We continued to fight." This decision subsequently cost Reginald his California's broker’s license. |
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