NW Real-Estate Blog
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The loans went along to individuals who possibly did not meet with the FHA requirements to be eligible for the mortgages or were simply hay buyers." Mortgage One and M 1 Money marketed the borrowed loans to banks, including the FDIC-covered Firstar Bank, N.A. and Pursue Manhattan Mortgage Organization, utilizing the same fraudulent files. In general, all the required contracts and forms for a real estate transaction are purchased in a bunch.
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