Mortgage broker to pay $1 million in penalties and restitution

A Centennial mortgage broker and his companies must pay $1 million in civil penalties, consumer restitution and disgorgement for engaging in deceptive advertising and fraudulent loan-origination practices. Leo Shifrin was ordered to pay the settlement in Denver district court after Attorney General John Suthers took them to court over the alleged issues. The company is [...]

April 25, 2011Comments OffRead More