Hard Money Lender

by Pitbull Mortgage School

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Man is Banned from Hard Money Lending

June 24th, 2008 · No Comments

Marc Sessions Jenson settled on a plea deal after pleading no contest to three counts of selling unregistered securities in a plea bargain. Johnson as dictated by the deal will pay two of the victims a combined $4.1 million. The third victim had already been given restitution and therefore was not included.

Jenson will still be permitted to remain principal of a group converting Oak Meadows ski resort into Mount Holly Club. However, he is prohibited from involvement hard money lending. By accepting the deal, Jenson avoided the possible 15 year prison sentence he was facing.

For more information on hard money lending, please consult Pit Bull Mortgage School at 858-736-7788.

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