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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 Illegal Charges

May 11, 2017, the Massachusetts Division of Banks (DOB) entered as a consent purchase having a Massachusetts mortgage that is residential company, alleging that, between January 2013 and December 2016, the business involved with unlicensed domestic home loan lending and charged charges in breach of Massachusetts legislation, and didn’t conform to the true…

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

On April 20, 2017, the Massachusetts Division of Banks (DOB) released Findings of Fact and a Temporary purchase to Cease and Desist against that loan servicing company, alleging that the business involved with domestic real estate loan servicing methods that violate state and laws that are federal and did not meet up with the needs…