Industry News

Massachusetts shuts down three more mortgage lenders

Hearing on new mortgage lending regulations set for Oct. 17
Published on Oct 3, 2006

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Continuing a crackdown on alleged mortgage fraud, Massachusetts regulators issued cease-and-desist orders against two mortgage brokerages Monday and shut down a third unlicensed lender.  Since issuing emergency regulations Sept. 8, the Massachusetts Division of Banks has conducted sweeps looking for ...