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North Carolina mortgage professionals indicted

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Mortgage Professional America | 20 Aug 2013, 03:58 AM Agree 0
Four North Carolina mortgage professionals have been indicted in connection with what prosecutors say was a $158m mortgage fraud scheme
  • Another Perspective | | 15 Nov 2013, 05:31 PM Agree 0
    These guys aren't mortgage professionals. That's the whole problem here. In the modular home arena, there are no requirements for licensure, certification, or even experience to become a salesperson. These guys had no knowledge of what was required by law, because there WAS no law. The responsibility for rejecting these applications (filled out by the BUYERS, mind you) was on the mortgage officers, NOT the salespeople. These guys are guilty of nothing.
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