Is Flagstar Bank Playing Low-Income Borrowers For Chumps? Michigan based Flagstar Bank has the Internet abuzz about their plan to bring back zero-down mortgages. There are plenty of details about this program that Zero Hedge and Housing Wire left out of their articles. Flagstar Bank is also throwing in money toward closing costs. The bank […]
Flagstar Bank And Their Zero-Down Financing Read Post »
NYCHA Put Thousands Of Children At Risk For Lead Poisoning Because It Failed To Perform Lead Paint Inspections NYCHA has failed to perform lead paint inspection for over a year and Mayor de Blasio knew about. Local law and federal regulation required the agency to perform inspections yearly. Mayor de Blasio knew NYCHA was in
NYCHA Hasn’t Performed Lead Paint Inspections In Over A Year Read Post »
Wells Fargo Consumer Lending Chief Franklin Codel Fired For Diarrhea Of The Mouth Wells Fargo has fired Franklin Codel as the head of Wells Fargo Consumer Lending for misconduct. Apparently, Franklin Codel came down with a bad case of diarrhea of the mouth. Codel took over the consumer lending division in 2015 when Michael Heid retired. As
Wells Fargo Consumer Lending Chief Fired For Diarrhea Of The Mouth Read Post »
Defendant Extended More Than $220 Million In Predatory Lending Scheme To 620,000 Struggling Americans A federal court in Manhattan convicted Richard Moseley for operating a $220 million predatory lending scheme. Moseley was convicted on the charges of wire fraud and aggravated identity theft as well as RICO and TILA violations. Moseley was operating a payday lending
Operator Of Fraudulent Predatory Lending Scheme Found Guilty Read Post »
Wells Fargo Executives Again Refuse To Release Documents To MFI-Miami Client Citing Negative Articles On MFI-Miami The finance world knows MFI-Miami’s principal job is to do whatever it takes to keep people in their homes. It’s not a big secret. Nor do I hide it. All the major lenders and servicing companies know it. They know
The Cattiness Of Wells Fargo Executives Rivals The Ladies From Dynasty Read Post »
