Nebraska Mortgage Company Claims Charges Of Predatory Lending Practices Unfair

A report by The Associated Press appearing in the Omaha World-Herald reports:

• An Omaha-based mortgage company plans to fight state allegations of misconduct and will try to keep its state mortgage banking license. [...] On Sept. 14, the state of Nebraska sued Advantage Mortgage Service and its owners, alleging predatory lending practices. State investigators said Advantage's tactics included falsifying closing documents, borrowers' signatures, charging hidden and excessive brokerage fees to borrowers and breaking other state lending and consumer protection laws.

For more, see Omaha-based mortgage company says allegations are unfair and wrong.

For earlier media reports on this story, see:

• Nebraska sues mortgage broker for predatory lending (AP / USA Today, 9-14-07) (if link expired, try here),
• Nebraska Attorney General Press Release - Bruning, Munn File Action Against Alleged Predatory Lender (9-14-07).

For related court documents in this case, see:

• Adninistrative Order - in re: Advantage Mortgage Service, Inc., et al. (63 pages - 2.86 MB),
• Copy of lawsuit - State of Nebraska vs. Advantage Mortgage Service, Inc., et al. (25 pages - 1.03 MB).