Judge orders mortgage-elimination scheme shutdown - 2005-03-07
A scheme that promises to get rid of homeowners' mortgage debt has been ordered to cease operating in North Carolina, the state's Attorney General Roy Cooper said Friday.

Cooper filed suit against The Dorean Group and its principals D. Scott Heineman and Kurt F. Johnson, both of California, to stop them from operating their so-called mortgage-elimination program in the state.
Read the full story at Inman.com

Mortgage Broker has different approach toward 'sure thing' - 2005-03-07
There are no guarantees in the business of lending money, but Randy Persson believes he is coming close.

Persson and his wife, Rose, are co-owners of Kenwood Mortgage, which makes available mortgage brokerage services to residential and commercial clients in Arizona using funds from private investors.

In January, Kenwood closed 10 loans with an aggregate value of $4 million. The firm is looking to place about $5 million in February.
Read the full story at Arizona Republic