Relevant:
- State orders Louisville mortgage business to cease operations
- Attorney General Gansler Issues Cease and Desist Against Maryland Mortgage Company
- Colonial agrees to cease-and-desist order
- Update: First Federal Bank of CA Issued Cease & Desist
- taylor, bean, & whitaker halts foreclosures, late payments
2010-06-14 — realestaterama.com
"he Kentucky Department of Financial Institutions (DFI) today issued a cease and desist order against a mortgage company called Home Ownership Possibilities for Everyone LLC (HOPE) in Louisville, Ky.
The order prohibits HOPE from engaging in the mortgage business in Kentucky. The order states the company operated as a mortgage loan broker, but was not licensed or exempt from licensure; charged illegal upfront fees; and made misrepresentations, concealed facts or engaged in business that has tended to work as a fraud."
source article |
permalink |
discuss |
subscribe by:
|
RSS |
email 
Comments: Be the first to add a comment
add a comment | go to forum thread
Note: Comments may take a few minutes to show up on this page. If you go to the forum thread, however, you can see them immediately.