Industry News

Connecticut suspends Mortgage Lenders Network’s licenses

Lender faces up to $7.6 million in civil penalties
Published on Jan 30, 2007

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by CareyBot

Connecticut’s banking commissioner today suspended the licenses of Mortgage Lenders Network USA Inc. to grant mortgages and act as a secondary mortgage broker in the state, and restated an intent to collect millions in penalties for failing to fund loans ...

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