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

Baltimore City Paper | January 5, 2010
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.

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Founded as City Squeeze in 1977, City Paper is Baltimore's dominant newsweekly. The paper targets active, well-educated, 21-49 year olds attracted to our contemporary coverage of current affairs, politics, lifestyles, the cultural arts and entertainment. Well known for the area's...
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