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Loan Modification

: The Truth About Mortgage.com

Massachusetts Division of Banks Shuts Down Nearly 90 Mortgage Shops

By scot184

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The Massachusetts Division of Banks shut down 87 mortgage brokers and mortgage lenders in the state Friday for violations of newly imposed financial rules. The cease-and-desist orders were issued after the companies failed to provide required financial information and for failure to post bonds, which ranged from $75,000 for mortgage brokers to $100,000 and up for [...]

Full post as published by The Truth About Mortgage.com on June 08, 2009 (boomark / email).

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