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Real Estate & Property Law

: The Home Equity Theft Reporter

Massachusetts AG Settles Subprime Suit; Fremont To Cough Up $10M

By r morris

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In Boston, Massachusetts, The Associated Press reports:A bankrupt California-based subprime mortgage lender has agreed to pay $10 million to settle allegations of unfair practices that contributed to the current spike in Massachusetts home foreclosures. Massachusetts Attorney General Martha Coakley said Tuesday that Fremont Investment & Loan and its parent company, Fremont General Corp., will pay

Full post as published by The Home Equity Theft Reporter on June 10, 2009 (boomark / email).

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