Abu Dhabi Investment Council Is Selling Its Stake In NYC’s Iconic Chrysler Building The iconic Chrysler Building in mid-town Manhattan is on the market. The Dubai sovereign wealth fund Abu Dhabi Investment Council is selling its 90% ownership in the 77-story stainless steel skyscraper. Tishman Speyer also owns a 10% stake in the building. It is […]
Chrysler Building Goes On The Market For Undisclosed Figure Read Post »
Former Fannie Mae Employee Found Guilty Of Making Millions On Shady REO Foreclosure Sales Former Fannie Mae employee Shirene Hernandez is facing 40 years in prison. She was found guilty of accepting millions of dollars in bribes and kickbacks in exchange for selling Fannie Mae REO properties. Federal prosecutors charged Shirene Hernandez in January 2018 with
Former Fannie Mae Employee Found Guilty In REO Foreclosure Scam Read Post »
Former LandCastle Title CEO Nat Hardwick Sentenced to 15 Years In Federal Prison For $26 Million Scam A federal judge has sentenced former LandCastle Title CEO Nathan Hardwick to fifteen years in federal prison. Hardwick is also former managing partner of Morris Hardwick Schneider. The former LandCastle Title CEO was found guilty of embezzling more than $25 million from
Former LandCastle Title CEO Gets 15 Years In Prison Read Post »
Feds Fine Sierra Pacific Mortgage $3.67 Million For FHA Lending Violations Under False Claims Act Sierra Pacific Mortgage will pay a fine of $3.67 to the federal government. The company is settling allegations that it knowingly violated lending standards more than a decade ago. The USAO alleges Sierra Pacific Mortgage violated the False Claims Act. They
Sierra Pacific Mortgage Fined $3.67 Million For FHA Lending Violations Read Post »
Ditech Alert: Ditech Files For Chapter 11 Bankruptcy For The 2nd Time In 14 Months. Is This The End Of Ditech? It appears the financial troubles for Ditech Holdings is are getting worse. A Ditech Alert has been issued by the company. The company has filed for Chapter 11 Bankruptcy for the second time in
Ditech Alert: Ditech Files Bankruptcy For The 2nd Time In 14 Months Read Post »
