Customer Finance Enforcement Watch.Search Outcomes: Massachusetts Division of Banking Institutions

Customer Finance Enforcement Watch.Search Outcomes: Massachusetts Division of Banking Institutions

Massachusetts DOB Enters Consent Order With Company for Unlicensed Mortgage Lending and Prohibited Charges

May https://badcreditloanapproving.com/payday-loans-wv/ 11, 2017, the Massachusetts Division of Banks (DOB) entered as a permission purchase having a Massachusetts mortgage that is residential company, alleging that, between January 2013 and December 2016, the business involved with unlicensed residential home loan lending and charged charges in breach of Massachusetts legislation, and neglected to conform to the actual…

Massachusetts DOB Issues Findings of Fact and Temporary Cease and Desist Order Against Loan Servicing business

On April 20, 2017, the Massachusetts Division of Banks (DOB) granted Findings of Fact and a Temporary Order to Cease and Desist against that loan servicing business, alleging that the business involved in domestic home mortgage servicing methods that violate state and federal guidelines, and did not meet up with the needs…

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