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07/29/07
Valley mortgage firm accused of illegal practices
Filed under: General, Mortgages
Posted by: Lillian Wong @ 1:41 pm

Regulators are trying to shut down a Phoenix mortgage firm they have accused of securing loans from illegal branches at Valley swap meets, malls, carnicerias, a Wal-Mart, a Home Depot and a couple of Food City stores. The Arizona Department of Financial Institutions has filed a complaint against Pacific Gold Mortgage Group and its owner, Alejandro Assam.  More…

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