State orders local mortgage company to cease doing business - 2004-03-06
A mortgage company registered with the state as being in Bentonville had its license halted and was told to stop doing business in Arkansas until it posts a required $50,000 bond.
Walters Mortgage Inc. was among 25 mortgage loan companies that had their licenses suspended by securities commissioner Michael B. Johnson for failure to post the required surety bonds, according to a news release from the Arkansas Securities Department.
Read the full story at Benton County Daily Record