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Wells Fargo got the Case, Mortgage brokers are to be blame – Just last July, Wells Fargo & Co. was accused of biased lending. The said company paid $175 million just to resolve the issue. What’s worse is that it puts the blame to independent loan brokers for selling their mortgages, and this in turn closed the opportunity for extensive mortgage operation.
Mortgage Broker Twin Lakes jury convicts twin cities real estate agent of mortgage fraud – A Hennepin County jury on Wednesday convicted Twin Cities real estate agent Larry Maxwell of mortgage fraud that authorities say began just as his probation for an earlier fraud conviction was ending..
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