Massachusetts DOB Enters Consent Order With Company for Unlicensed Mortgage Lending and Prohibited Charges
May 11 https://badcreditloanapproving.com/payday-loans-al/, 2017, the Massachusetts Division of Banks (DOB) entered as a permission purchase having a Massachusetts mortgage that is residential company, alleging that, between January 2013 and December 2016, the business involved with unlicensed residential home loan lending and charged charges in breach of Massachusetts legislation, and neglected to conform to the actualвЂ¦
Massachusetts DOB Issues Findings of Fact and Temporary Cease and Desist Order Against Loan Servicing business
On April 20, 2017, the Massachusetts Division of Banks (DOB) granted Findings of Fact and a Temporary Order to Cease and Desist against that loan servicing business, alleging that the business involved in domestic home mortgage servicing methods that violate state and federal guidelines, and did not meet up with the needsвЂ¦
Massachusetts Commissioner of Banks Enters Into Consent Order with Car Product Sales Finance Business
вЂ‹On March 24, 2017, the Massachusetts Commissioner of Banks (вЂњCommissionerвЂќ) joined into a permission purchase having a licensed automobile product product sales finance business, agreeing to keep from further violations of Massachusetts state legislation regulating the conduct of car product product sales funding. The permission purchase arrived following the Commissioner examined the ongoing business and later granted aвЂ¦
Massachusetts Division of Banks Announces Return of $2.3 Million to customers Under payment with Payday Lender
On November 22, 2016, the Massachusetts Division of Banking institutions (вЂњDOB) announced it has came back more or less $2.3 Million to 1,673 Massachusetts residents, included in a settlement having a payday lender that is online.