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++Condult Financial Services Inc. of Chicago has been revoked of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.