Startup lender alleges rival sabotaged its business
By: Colin McNamara | Published: 2026-03-05 14:49:21 | Source: www.nationalmortgagenews.com
A newly launched California mortgage lender is suing a competitor over allegedly submitting false fraud reports to shared lending partners in order to sabotage it.
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Lendwise Mortgage filed a complaint Monday in Los Angeles Superior Court against Priority Financial Network Lending Group and its CEO, Marc Shenkman. The lawsuit claimed PFN falsely reported to shared partners, such…
