Governor Pawlenty's campaign treasurer resigned after being sanctioned by the state Commerce Department. Ron Esau was sanctioned for a company, HJE Financial, that he helped run was involved in a equity-stripping scheme in which those who were on the verge of foreclosure were offered to buy their houses and then sell them back for what they owed plus interest. HJE Financial is now barred from issuing mortgages.
No comments:
Post a Comment