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Concern Raised About New Mortgage Lenders

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Concern Raised About New Mortgage Lenders

As the housing market recovers from the recession, it appears there are more companies emerging to offer home mortgages. Curt Everson, President of the South Dakota Bankers Association saw the trend and brought it to the attention of state regulators…

Everson said there is a concern that the state banking division has the manpower and budget to oversee all the companies interested in mortgages…

Everson says it’s about consumer protection, not competition…

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