CONCORD, N.H. (AP) – A mortgage company that does business in New Hampshire, Maine and Massachusetts has been accused of fraud in New Hampshire.

Mortgage Specialists, Inc., faces $200,000 in fines from New Hampshire banking officials. The company is accused of forging signatures, destroying documents and breaking at least six other laws.

The company’s lawyer said it is prepared to take whatever steps necessary to resolve the matter.

The allegations stem from a Banking Department inspection of files in the company’s New Hampshire home base of Plaistow. The inspection pointed to more than 60 violations of eight different banking laws and regulations.



Information from: The Telegraph, http://www.nashuatelegraph.com

AP-ES-07-31-08 0655EDT


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