Industry News

Mortgage company sues over alleged inflated appraisals

First Magnus forecloses on 19 homes in Missouri
Published on Oct 9, 2006

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by CareyBot

An Arizona-based mortgage company claims it has been forced to foreclose on 19 homes in the Kansas City, Mo., area because of a scheme involving inflated appraisals, false borrower information and stolen identities. First Magnus Financial Corp. has sued six ...

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