Its latest set of rules bans incentives that encouraged mortgage brokers to sell unsafe loans to unexpecting borrowers. “Before the financial crisis, many mortgage borrowers were steered toward risky.
according to Mortgage Broker News. “Answering Yes’ to this question does not necessarily mean you won’t be approved; it simply means the insurer will contact you for more information.” So should you.
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A former mortgage broker from Elizabeth could be sentenced to 20 years in prison if he is convicted of stealing more than $132,000 from an upstate New York man. Weeks after being indicted on two.
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N.J. mortgage broker admits getting $1.3M in loans with phony records Totowa man pled guilty to a charge that he plotted to get loans on the same property using phony W-2’s and tax records. According.
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At a recent cocktail party, mortgage broker Robert Moulton chatted with a dentist who had just read an article about the industry’s woes. The dentist began to chide him about a loan officer at.
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