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Home » Store » News » Angelos Targets Maryland Mortgage Lenders for Alleged Illegal Fee Charges, Prohibited Prepayment Penalties

Angelos Targets Maryland Mortgage Lenders for Alleged Illegal Fee Charges, Prohibited Prepayment Penalties

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Personal-injury lawyer Peter Angelos, who gained national prominence for his successful multi-year, multi-billion dollar settlement with the nation’s tobacco industry, has turned his eyes on another target: the mortgage lending industry. This time, Angelos, who also owns the Baltimore Orioles baseball club, is gunning for six Maryland mortgage lenders for alleged violation of the state’s Secondary Mortgage Loan Law and consumer protection statutes. The complaints were against Irwin Financial, Mortgage Lenders Network, Greentree Mortgage…
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