As part of a consent order, a mortgage lending company marketing to veterans has been ordered by the state Department of Financial Services to pay more than $600,000 in restitution to New York customers and pay a fine over closing costs.
August 10, 2017 at 06:01 PM
1 minute read
A mortgage lending company marketing to veterans has been ordered to pay more than $600,000 in restitution to New York State customers and a $500,000 fine to the state, regulators announced Thursday.
Mortgage Research Center LLC, of Columbia, Missouri, doing business as VAMortgage Center and Veterans United Home Loans, has been ordered to pay $604,000 to its customers, primarily military veterans in New York as part of a consent order with the state Department of Financial Services.
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