Industry News

Nevada mortgage broker settles SEC investigation

Vestin Mortgage exaggerated rate of return on investment funds
Published on Sep 28, 2006

Get Inman via Facebook Messenger
Our top headlines delivered once a day.
by CareyBot

A Nevada mortgage brokerage that raised capital by selling real estate investment funds to the public misled investors about the rate of return its funds achieved, according to a Securities and Exchange Commission investigation. In a settlement, Vestin Mortgage Inc. ...

Comments