Feds Charge Former Quicken Loans Contract Worker W/ Bank Fraud & Conspiracy The U.S. Department of Justice has charged former Quicken Loans contract worker Cynthia Slay with conspiracy to commit bank fraud. Slay is accused of using her position at Quicken Loans to gain access to names and Social Security numbers. She also accessed bank account information. […]
Is Your Financial Info Safe At Quicken Loans? Read Post »
It’s Pro-Little Napoleon Dan Gilbert Corporate Media Vs. Independent Media In Detroit Former sports bookie and Little Napoleon Dan Gilbert has huddled the leaders of his boiler operation into an office at The Cube. Gilbert renamed the old Chase Building in Detroit, “The Cube” when he bought it. He held a desperate conference call with
Little Napoleon Dan Gilbert Ignites Media Civil War Read Post »
A History Of Fraud Allegations + Gilbert’s Inflated Ego = No More Quicken Loans Last week, the U.S. Department of Justice filed a lawsuit against Detroit based Quickens Loans under the False Claims Act alleging that Quicken Loans bullied appraisers in order to receive higher values for applicants and that underwriting managers encouraged underwriters to
Is This The End Of Quicken Loans? Read Post »
NYDFS Gets $600K In Deutsche Bank Libor Rigging Fine Deutsche Bank on Thursday became the latest big bank to settle with the NYDFS. The NYDFS accused the Deutsche Bank contributed to rigging Libor interest rates.  The London Interbank  Offered Rate, the interest rate of choice for trillions of dollars in municipal bonds, mortgages, student loans
NYDFS’s Lawsky Scores Another Big Win For New York Read Post »
Deutsche Bank Fined $2.5B For Scheming With Other Banks Deutsche Bank on Thursday became the latest big bank to settle accusations that it contributed to rigging Libor interest rates. Â The London Interbank Offered Rate, the interest rate of choice for trillions of dollars in municipal bonds, mortgages, student loans and other debt. To settle the
Deutsche Bank Fined $2.5B For Libor Rigging Read Post »
