Hard Money Lender Facing Hard Times - Mortgage Forums for Brokers and Loan Officers

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		Mortgage Forums for Brokers and Loan Officers > Mortgage Business > Mortgage News
Hard Money Lender Facing Hard Times

#1 (permalink)

07-31-2006, 01:13 PM

Veronica Corningstone Veronica Corningstone is offline

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Hard Money Lender Facing Hard Times

The Nevada Mortgage Lending Commissioner Scott Bice took action this week against Private Capital LLC after discovering money shortages of several months duration for which the owner had no explanation. The company was also hit with an administrative fine of $80,000.

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