Quotemearate Cited Locally, Closes Doors
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| According to the state Division of Banks, Quotemearate.com took at least one mortgage application from an unlicensed office at 15 North Beason St. (above) in Boston’s Allston neighborhood. |
By Andrea Gregory
The Massachusetts Division of Banks last week issued a cease-and-desist order to Quotemearate.com, a Texas-based mortgage lender that regulators say operated both licensed and unlicensed offices in the Bay State. The firm abruptly closed up shop not only in Massachusetts but nationwide the same day the DOB order was delivered.
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