Mortgage industry employs felons

Geoff Dutton of The Columbus Dispatch continues to follow the predatory lending business and practices in Ohio. He finds that “leaders of the brokers association have urged lawmakers to reject new proposals designed to crack down on predatory lending and increase state oversight. The mortgage industry, they argue, can police itself without new state regulations.” But Dutton finds those leaders have employed felons and some of their businesses are scrutinized by regulators.