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Hard Money Lender Loses License

Hard Money Lender Loses License

State revokes OneCap Mortgage Corp.’s license

May 20, 2010

A hard-money lender operating from Las Vegas has lost its license. The action is just one of several recently by the state and follows a disclosure Wednesday from Desert Capital Real Estate Investment Trust, another Las Vegas-based hard-money lender, that it might not be able to continue in business.

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