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According to the U.S. Attorney’s Office, the group defrauded homeowners out of $1.3 million by selling them mortgages after lying to them about. Lawrence Burke, 48, and Zachary Cutler, 58, have.

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WASHINGTON (Reuters) – The U.S. Securities and Exchange Commission was dealt a setback in its cases tied to the financial collapse when a federal judge dismissed large parts of its case against former.

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An emerging-growth nonbank consumer lender and market leader offering home mortgage, refinance and home equity loan products in all 50 states.

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