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HUD Rescinds, Then Reinstates, License of Mortgage Lender Equitable Trustnew

The Federal Housing Administration suspended Equitable Trust Mortgage Corp., a Canton mortgage lender, from originating new FHA mortgages for six months. Then reinstated the company a few days later after it agreed to make restitution averaging about $4,000 per borrower and pay a fine.
Baltimore City Paper  |  Edward Ericson Jr.  |  01-05-2010  |  Housing & Development

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