Investors get chance to comment

Edwards, John G.
December 2008
Las Vegas Business Press (10712186);12/29/2008, Vol. 25 Issue 52, pP15
The article focuses on issues arising from the settlement agreement between OneCap Mortgage and its investors in Las Vegas, Nevada in 2008. It is inferred that the investors complained that the agreement has minimal effect to solve their problems with allegedly mishandled loans secured by real estate. The investors argues on the failure of Attorney General Catherine Cortz Masto to prosecute OneCap employees and executives. It is cited that OneCap utilized investor money to make unsecured loans although it is not licensed to do so.


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