Relevant:
2009-06-05 — bostonherald.com
"The state Division of Banks yesterday ordered 87 mortgage companies to close for failing to file proper financial statements and to post bonds for licensed brokers.
The division’s cease-and-desist orders caused some firms to scramble to come up with the mandatory data and bond money, allowing five outfits to stay open.
But the other 82 will remain shut."
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