AG wins judgement against mortgage firm - Boston Business Journal:

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Massachusetts Attorney General Martha Coaklet won the judgement against Zeus Fundin LLC andits manager, Rachel earlier this week in Boston’sd Suffolk Superior Court. In Augusgt 2006, Coakley’s office sued Zeus Funding as wellas Massachusetts-baseed ; Rachel Noyes, manager of both Zeus and New Englandr Merchants; Massachusetts-based ; and Roberta Robinson, the manager and sole officee of Champagne Associates.
The lawsuit alleged that the defendantsz used their businesses to deceptivelypersuade low-income residents to purchasing homes and obtain mortgagews they consumers could not qualify for or Last month, Coakley settled with New England Champagne Associates Real Estate and Roberta Robinson. Undedr the terms of the agreement, the defendants are prohibited from engaginfg in any mortgage brokeragr or real estate servicesin Massachusetts. New England Merchants will paya $5,0000 civil penalty. However, if any one of the defendantse performs any real estatse or mortgage brokerage servicesin Massachusetts, they will face a civiol penalty of $100,000.