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mortgage companies urged to introduce ach to their clients mortgage companies must introduce the automated clearing house (ach) to their clients to make the collection of payments less cumbersome. new york mortgage prices stock offering at $6.65 new york mortgage trust inc. announced friday that it set the price of its public offering of 2.8 million shares of stock at $6.65 each. ill. county sues mortgage lenders, claiming fraud an illinois prosecutor is suing 22 local and national banks and mortgage companies, accusing them of deceit and fraud in using an electronic mortgage registry to sidestep recording fees his county should ... mortgage lenders face risk and additional cost of doing business kroll factual data, inc. , a leading provider of independent verification services to mortgage lenders, banks, credit unions and property management firms, announced today that more than 14 percent of the loan files processed by kroll factual data in 2011, and in the first quarter of 2012, contained certain applicant-provided information that suggested the possibility of fraudulent activity.

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