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How a Ponzi scheme snagged $14M from Michigan investors – short-term investment in mortgage-related notes connected to the Woodbridge Group, according to a Detroit Free Press analysis. The Michigan investors handed over more than $14 million, according to.
How Australia’s biggest home loan scammer Najam Shah duped the banks – Shah, who ran Melbourne-based mortgage broking business myra financial Services, admitted his sophisticated scheme involved preparing over 600 fake home loan applications on behalf of clients, many of.
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News Room – Exchange Bank – April 23, 2019. Contact: Greg Jahn, EVP, Chief Financial Officer 707.524.3218. Exchange Bank Earnings Remain Strong in First Quarter. On April 23, 2019, Exchange Bank announced results for the first quarter of 2019 with a profit after tax of $9.07 million, compared to $9.01 million in the previous quarter ending December 31, 2018.
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Q&A: LoanScoreCard’s Ben Wu on the rise of non-QM lending – For years, many have claimed that. the U.S., there is pent-up demand for mortgage product that can accept income documentation other than the “Appendix Q” requirement of QM loans. Because of this,