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Mortgage brokers closing doors in wake of credit crunch – The tightened credit market and current housing slump in the Birmingham-Hoover metro area have forced several local mortgage brokers to shutter their businesses. Hoover and Vestavia Hills, closed.

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Former Fannie Mae employee found guilty of making millions on shady foreclosure sales – Back in January 2018, Shirene Hernandez was charged with accepting bribes for steering foreclosures to certain brokers and even allegedly buying some foreclosures herself at below market value. And.

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