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June 2022

First Guaranty Mortgage Corporation

First Guaranty Mortgage Corporation Closes It’s Doors And Files BK

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MAMA MIA! Here We Go Again! Major Lender, First Guaranty Mortgage Corporation Closes It’s Doors! Company Files Bankruptcy! 16 years years ago, mortgage lenders began dropping like flies at the beginning of the great recession. Well, it’s deja vu all over again! First Guaranty Mortgage Corporation (FGMC) and its affiliate Maverick II Holdings have shut […]

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First Guaranty Mortgage Corporation Closes It’s Doors And Files BK Read Post »

mortgage industry faces

Mortgage Industry Faces More Mass Job Layoffs

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Mortgage Industry Faces More Mass Job Layoffs. First Guaranty and Zillow Among Those Slashing Positions. The mortgage industry faces another round of layoffs. First Guaranty Mortgage has become the latest industry player forced to lay off loan officers amid market shifts. The company revealed it will cut 428 employees at its Plano, Texas location. The

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Mortgage Industry Faces More Mass Job Layoffs Read Post »

Wells Fargo Foreclosure defense

Wells Fargo Foreclosure Defense In A Post Covid-19 World!

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Fighting Foreclosures Has Become Tougher In A Post Covid-19 World. Do You Have A Winning Wells Fargo Foreclosure Defense Team? Call 1.888.214.6377 The economy is uncertain. Inflation is out of control. Interest rates are rising. Wells Fargo foreclosures are on the increase. Worst of all, foreclosures are getting tougher to fight. So, do you have

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Wells Fargo Foreclosure Defense In A Post Covid-19 World! Read Post »

Wells Fargo Mortgage

Wells Fargo Mortgage Sales Plummet By 50 Percent In Q2

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Wells Fargo Mortgage Sales Expected To Plummet By 50% For The Second Quarter of 2022 Wells Fargo CFO Mike Santomassimo warned investors that Wells Fargo mortgage sales are expected to drop 50%,  Santomassimo blamed higher interest rates that have destroyed the refinance market. Wells Fargo refinance originations are currently down about 82% this point last

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Wells Fargo Mortgage Sales Plummet By 50 Percent In Q2 Read Post »

South Florida Rental Prices

South Florida Rental Prices Surge 41%!

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South Florida Rental Prices Surge By Double Digits! Miami Rental Prices Skyrocket By 41% And Orlando Increases By 25% South Florida rental prices have been climbing like crazy for the past year. In February, MFI-Miami wrote about how South Florida rental prices were already rivaling Manhattan and London. As a result, local governments across South

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South Florida Rental Prices Surge 41%! Read Post »

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