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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… Continue Reading Mortgage broker to pay $1 million in penalties and restitution