Mortgage lender’s inflated rent payments to bank called kickback for referrals

By Inman News Feed
Add Comment Add Comment | Comments: 0 | Posted Jan. 16, 2014

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A St. Louis, Mo.-based mortgage originator accused of paying inflated rent for office space in a bank that referred business to it has agreed to give up $27,076 in origination fees on about 20 home loans and pay a $54,000 ...

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