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Real Estate & Property Law

: Housing Wire

NY AG: Mortgage Brokers Admit to Fee Gouging, Discrimination

By PAUL JACKSON

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An investigation by New York Attorney General Andrew Cuomo into alleged predatory lending practices at GreenPoint Mortgage Funding, Inc. has led the crusading AG to take the state’s first law enforcement action against mortgage brokers for predatory and discriminatory lending practices. The two brokers in question — HCI Mortgage and Consumer One Mortgage — admitted [...]

Full post as published by Housing Wire on January 06, 2009 (boomark / email).

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