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Overview of OBRE High-Cost Mortgage Rules

National Mortgage Professional
Oct 12, 2001

News from OBREmortgagepress.comOBRE, IAMB, Suspension, Fine, flipping OBRE Announces Fines and Suspensions The Illinois Office of Banks and Real Estate recently announced the following suspensions and fines: ++Condult Financial Services Inc. of Chicago has been revoked of their license, effective Apr. 14. ++Progressive Mortgage Financial Company Inc. of Chicago has been suspended for failure to file income tax returns for the past four years, effective May 7. ++Aggressive Mortgage Inc. of Hillside had its license suspended due to the flipping of loans and operating without a license, effective May 4.
Oct 12, 2001
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