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The action seeks to seize the apartments from Morgan and alleges that he and his company committed loan fraud by making numerous false or misleading statements when applying for a $16 million mortgage.
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Amends the Code of laws of South Carolina, 1976, so as to enact "the South Carolina Mortgage Lending Act", by adding Chapter 22 to Title 37 so as to require the licensing of a mortgage lender, loan officer, limited loan officer, or someone acting as a mortgage lender. Provide definitions.
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Rates at South Carolina’s Most popular mortgage lenders Another useful piece of information when it comes to mortgage rates is the current state of loan pricing at the largest local banks. Online mortgage shopping may be increasingly popular, but many borrowers still find it helpful to know what their local options are.
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