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Mayo Says Investors Must Be Vigilant If Bank Regulations Eased – Among his targets are rules that guard against predatory lenders and force brokers. Mayo said. “But once you’ve done that, eliminate all the red tape, the complications. I mean, you have seven.
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Brian Causey, 3 others get prison terms, fines in loan scam case – Mayo will also forfeit $50,000 and his mortgage broker license was canceled. Michael Paul Fluharty, a 33-year-old from Little River, S.C., was sentenced to six months in prison and fined $2,000..
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UPDATE 1-CLSA’s Mayo starts U.S. banks with underperform – Mayo, who recently transferred to to CLSA’s U.S. Broker-Dealer affiliate Calyon Securities (USA. while earnings will continue to come under pressure. “While mortgage losses may be half way to the.
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