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Mortgage Broker Bank: Beware E-Loan When Mortgage Refinancing

January 9, 2007

It is important to know who you’re dealing with when refinancing your mortgage loan. Broker-banks are a type of lender that deliberately misleads their borrowers. What is a mortgage Broker-Bank? Banks often operate as mortgage brokers in an attempt to boost their profits; Banks are exempt from disclosure laws in the United States that protect [...]

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