![]() ![]() ![]() The defendants are the promoters of the investment (Lauxmont Farms and two individual shareholders of Lauxmont Farms), Lauxmont's accountant (James J. ![]() Plaintiffs allege that defendants grossly inflated the value of horses sold to investors through a series of related party transfers, and misrepresented the tax advantages of the investment, in violation of federal securities laws, the Racketeer Influenced Corrupt Organizations Act ("RICO"), and state common law. This action is brought by two individual plaintiffs who purchased units in Lauxmont Standardbred Broodmares/1982, an equine tax shelter structured as a limited partnership. Deitemeyer, Choate, Hall and Stewart, Boston, Mass., for defendants Brown, Todd and Heyburn. Sherman, Goffin and Krattenmaker, Boston, Mass., for defendant M.B.A. Toto, Carolan, Sullivan & Greeley, Boston, Mass., for defendant Lauxmont Farm. Sender, Posternak, Blankstein & Lund, Boston, Mass., for plaintiffs.įrancis K. NORMAN and Angelo Diodati, Plaintiffs,īROWN, TODD & HEYBURN, et al., Defendants. Please use the Find a Loan Officer link or reach out to Mortgage Investors Group at 80.Michael E. PMI applies to conventional loan programs over 80.0% LTV VA,FHA & RD require insuring fees included in loan and/or payment fixed rate, 30 year term.Īn MIG Loan Officer is available to help with your financial details to determine which characteristics apply to your situation for a personalized look into which loan program best fits your home financing needs. Owner occupancy, escrow account is established for taxes and insurance(s) debt-to-income ratio no higher than 43.0% Unless otherwise stated, terms shown are estimates based in part on credit score of 700 or higher Information is generally based on primary residence occupancy with no cash out when refinancing.Terms and conditions apply, which may include restrictions or limits per loan program.Some loan programs may not be available to first time home buyers.Not all programs are available in all states. Payments will vary based on program selection, current rates, property location, etc. which will affect the available rate and term. Rate locks are available at current terms for 30 to 180 days based on program type, credit profile, property location, etc. Rates are subject to change at any time.For estimates and general information before that step, the basis for which the mortgage financing information are as follows: MIG Loan Officers will help gather the information needed for an individual assessment to provide home financing which matches the loan characteristics with your home financing needs based on your financial profile, when you are ready to begin a full loan application. The terms represented here are based on certain assumptions outlined below and/or noted on the loan outline page.Īdditional details concerning privacy, program disclosures, licensing specifics may be found at Legal Information. The repayment terms and interest rate may vary from time to time. These include but are not limited to loan program, loan purpose, occupancy, credit history, credit score, assets, and other criteria per loan type. We want to share with you the loan terms vary based on several characteristics and your financial profile. Terms and conditions to apply to home financing. Mortgage Investors Group, based in Tennessee, offers residential financing in a number of states in the southeast, See MIG Service Areas. ![]()
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