7ummitmagazine.com
Unregistered Mortgage Broker in Hot Water Over $500M in Questionable Home Loans
The Registrar of Mortgage Brokers has issued a cease-and-desist order against an unregistered mortgage broker linked to over $500 million in mortgage loans from 2009 to 2018. Jay Chaudhary is accused of using registered brokers and real estate agents to arrange the questionable mortgages, some invo