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Sale of 6 acres on Saco Island leaves plan for major development in doubt – Saulnier and J&B Partners LLC defaulted on the mortgage for the Saco Island site in January and a public auction of those 6.
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Former LI mortgage broker sentenced in fraud – A former manager of an Islip mortgage brokerage was sentenced in Manhattan federal court today to five years in prison for his role in a fraud scheme involving dozens of residential mortgages. Micah.
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In Home Capital’s Mortgage Mess, Blame the Unlucky’ Brokers – Home Capital’s troubles started with “unlucky” brokers. That’s what Canadian banks and insurers call the mortgage merchants who get caught submitting fraudulent loan documents. The failure to stop.
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