Since the collapse of the housing market and the start of the recession, the California Department of Real Estate has seen its fair share of bad real estate actors and defunct hard-money lending firms.
While the department does not keep statistics to show whether fraudulent behavior is worse in this county, Jeff Davi, commissioner of the [...]
Posts Tagged ‘mortgage lending’
California Department of Real Estate official discusses lending fraud
December 16th, 2009 by HardMoney Writer
Tags: District Attorney’s Office, estate financial, hard money, hard money lenders, investments, investors, lending fraud, mortgage lending, real estate
more...Judge signs claims motion
December 10th, 2009 by HardMoney Writer
The business was run by Polson businessmen Keith Kovick and Bob Congdon.
Last week, Helena District Court Judge Kathy Seeley signed a motion approving a claims submittal process that will allow investors to work toward recovering funds lost in the alleged scheme.
The process lays out a paperwork procedure beginning with a form (printed fully [...]
Tags: hard money, hard money lenders, hard money lending, investors, Montana Commissioner of Securities and Insurance, mortgage lenders, mortgage lending, Securities Commissioner