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San Bernardino shooter may have funded weapon purchase through P2P loan

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Mortgage Professional America | 08 Dec 2015, 05:30 PM Agree 0
Authorities are investigating whether the San Bernardino shooter funded the Dec. 2 massacre with a $28,500 peer-to-peer mortgage
  • Griff | | 09 Dec 2015, 09:58 AM Agree 0
    Jumping to the conclusion this type of lending needs the scrutiny the rest of us in mortgage lending are getting. Clearly this type of lending can be far more dangerous than a home mortgage. Where was the cfpb when they were needed?
  • AK | | 09 Dec 2015, 04:26 PM Agree 0
    Agree wholeheartedly. As a mortgage originator we are under watchful eye of every agency there is - Federal(Fed, CFPB, NMLS), the state regulators and the lenders. P2P lending is a perfect vehicle for money laundering.
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