Pennsylvania Department of Banking

Gov. Rendell Signs Two New Mortgage Bills Into PA Law

Personal Finance, For Practitioners, PostYourRECareer, Business, For Consumers, Mortgage / By

HARRISBURG PA – Two additional bills aimed at preventing mortgage fraud were signed into law Monday (June 29, 2009) by Pennsylvania Gov. Ed. Rendell, joining a package of five laws approved last year to target different aspects of the same problem. The two latest pieces of legislation were spurred by a case in Berks County …

Gov. Rendell Signs Two New Mortgage Bills Into PA Law Read More »

Pennsylvania Regulators Take Action Against Mortgage Firms

For Practitioners, PostYourRECareer, Business, For Consumers, Mortgage / By

HARRISBURG PA – Pennsylvania’s Department of Banking is taking a tougher line against mortgage brokers that either refuse to comply with regulations or are not licensed to practice in the state. Last week it took enforcement against seven different companies. On Friday (May 22, 2009) it issued a cease-and-desist order against U.S. Mortgage Group Inc., …

Pennsylvania Regulators Take Action Against Mortgage Firms Read More »