A situation economic regulator on Thursday announced an understanding that enables OneCap Mortgage Corp. To keep servicing hard-money loans it made out of investor cash.
A situation regulator that is financial Thursday announced an understanding enabling OneCap Mortgage Corp. To keep servicing hard-money loans it made out of investor cash.
OneCap, a hard-money or personal loan provider, raised funds from 2,000 investors and had been servicing $400 million in short-term home loans with respect to the investors in 2007 whenever state monetary regulators ordered OneCap to get rid of alleged violations of state laws. Continuă lectura „Deal will allow OneCap keep hard-money that is servicing”