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State Mortgage Regulators Issue Action against Prospect Mortgage, LLC (Connecticut Department of Banking)

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(Source: Connecticut Department of Banking) NEWS RELEASE State Mortgage Regulators Issue Action against Prospect Mortgage, LLC Examination Identified Inappropriately Assessed Third-Party Settlement Fees This release was issued by the Conference of State Bank Supervisors and the American Association of Residential Mortgage Regulators. November 19, 2015 Washington, D.C. - Today the Multi-State Mortgage Committee (MMC) announced a Settlement Agreement and Consent Order between 50 state mortgage regulators and Prospect Mortgage,...

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