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New mortgage law targets rogue brokers – Some of those same brokers went on to rip off borrowers and lenders of nearly $100 million, the newspaper found. Workman said the new rules will make it “much harder to masquerade as a mortgage broker.
Two more B.C. mortgage brokers alleged to have worked with illegal shadow lender – A second unregistered mortgage broker with prior enforcement records has allegedly set up loans alongside registered mortgage brokers, according to the B.C. Registrar of Mortgages. It is the second.
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FBI: Former West Chester Mortgage Broker Charged with Wire Fraud – According to the information, between May 2005 and October 2008, while employed as a mortgage broker by companies in West Chester, Pennsylvania and Newtown Square, Pennsylvania, Lucidi conspired to.
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Mortgage Brokers Launch B.R.A.W.L. Initiative to Combat Unethical Whole-tail Lender Practices – . brokers throughout the country have banded together to launch a national movement in the mortgage industry, Brokers Rallying Against Whole-tail Lending (B.R.A.W.L.), an initiative focused on.