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Lender Ordered To Stop Homeowner Pitch

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(Photo by Jeff J Mitchell/Getty Images)

(Photo by Jeff J Mitchell/Getty Images)

tate south Tate South
Email Tate at tate.south@cbsradio.com
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(Las Vegas, NV)  –  State officials have ordered a Las Vegas lender to stop offering various services to help people stay in their homes.  The Division of Mortgage Lending has accused Mortgage Capital USA of operating without a license for providing loan modifications or foreclosure prevention options.  Mortgage Capital faces a $25,000 fine, and now has 20 days to contest the order.

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