Boca Raton mortgage broker charged with stealing millions – A Boca Raton mortgage broker, author and owner of Coastal States Mortgage corp. stole millions of dollars in loan payoff monies to fund his own expenses, according to a criminal complaint filed.
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New mortgage law targets rogue brokers – Some of those same brokers went on to rip off borrowers and lenders of nearly $100 million, the newspaper found. Workman said the new rules will make it “much harder to masquerade as a mortgage broker.
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Is it better to take out a mortgage via a broker, or go it. – · Mortgage brokers can ease the strain of getting a home loan. Photograph: Alamy Gone are the days when if you wanted a financial product as daunting – and expensive – as a mortgage.
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