Temporary Order to Cease and Desist. Tell us what you think. Sharon, I think they acquired some parts of the company in early 2016. SouthStar Funding has engaged in, or is about to engage in, acts or practices which warrant the belief that it is not operating honestly, fairly, soundly and efficiently in the public interest in violation of standards governing the licensing and conduct of a mortgage lender including, but not limited to, the provisions of the Division's regulations at 209 CMR 42.
SouthStar Funding is, and at all relevant times, has been a foreign Corporation conducting business in the Commonwealth of Massachusetts. Do I Qualify for a Mortgage? Based upon the information contained in Paragraphs 1 through 16, SouthStar Funding failed to provide the Commissioner with thirty days prior written notice of the Company's intention to cease business operations in violation of 209 CMR 42.
Who bought Chapel Mortgage, New Jersey? Search This Site. The company offered a wide range of mortgage products but primarily specialized in funding subprime mortgages, according to sources that had previously sent loans to the company for funding.
Download the entire list of mortgage lenders in Georgia. At the time that Mortgage Broker A contacted the Division on April 2, 2007, neither loan had been funded.
SouthStar Funding's correspondent lenders are categorized into three groups - level one, level two and level three. Also, somehow the paperwork was done up to look like I sold my home directly — not the foreclosure company.
The records to be produced shall include all information on file regarding the Company's Massachusetts mortgage loan portfolio, including but not necessarily limited to, the following: Show More. SouthStar told its customers in an e-mail message that it would cancel any pending closings.
Atlanta-based SouthStar Funding, LLC said late Friday in a posting on the company's Web site that it has ceased mortgage lending operations, apparently the latest victim in the credit crunch that has claimed numerous businesses in the first quarter of 2007. Sign Up. Academy Mortgage just shut down their Nebraska and New Mexico offices, no warning.
Based upon the information contained in Paragraphs 1 through 16, the Commissioner has determined that: It laid off about 200 workers at the end of last summer before hiring some back in the fall, when it thought it had turned a corner.
Log In Sign Up. The most epic Twitter war, ever. Canada — stopped originating loans via brokers Xceed Mortgage Corp.