Serp’s test Massachusetts Division of Banking Institutions

Serp’s test Massachusetts Division of Banking Institutions

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

May 11, 2017, the Massachusetts Division of Banks (DOB) entered as a permission purchase having a Massachusetts domestic mortgage lending company, alleging that, between January 2013 and December 2016, the business engaged in unlicensed domestic home loan financing and charged charges in breach of Massachusetts legislation, and didn’t adhere to the actual…

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