It shall be a violation of this Article for a Mortgage Modification Consultant to do any of the following:
A. Perform any Service without a written Contract.
B. Claim, demand, charge, collect, or receive any compensation until after the Mortgage Modification Consultant has fully performed each and every Service the Mortgage Modification Consultant Contracted to perform or represented that he or she would perform.
C. Take any wage assignment, any lien of any type on real or personal property, or other security to secure the payment of compensation. That security shall be void and unenforceable.
D. Receive any consideration from any third party in connection with Services rendered to an Owner unless that consideration is fully disclosed to the Owner at the time the Contract is entered into.
E. Acquire any interest in the Residence from an Owner with whom the Mortgage Modification Consultant has Contracted. Any interest acquired in violation of this Subsection shall be void, provided that nothing herein shall affect or defeat the title of a bona fide purchaser or encumbrancer for value and without notice of a violation of this Article. Knowledge that the property was a Residence does not constitute notice of a violation of this Article. This Subsection may not be deemed to abrogate any duty of inquiry that exists as to rights or interests of persons in possession of a Residence.
F. Take any power of attorney from an Owner for any purpose.