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August 2022

Shellpoint Mortgage Foreclosure Defense

Shellpoint Mortgage Foreclosure Defense: Call 1.888.214.6377

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Fighting Shellpoint Mortgage Foreclosures Has Become Tougher. Do You Have A Winning Shellpoint Mortgage Foreclosure Defense Team? Call 1.888.214.6377 The economy is uncertain. Inflation is out of control. Interest rates are rising. Shellpoint Mortgage is stepping up foreclosures. Worst of all, foreclosures are getting tougher to fight. So, do you have the right Shellpoint Mortgage Foreclosure […]

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Shellpoint Mortgage Foreclosure Defense: Call 1.888.214.6377 Read Post »

united wholesale mortgage

United Wholesale Mortgage Posts 55% increase In Income In Q2

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United Wholesale Mortgage Bucks Industry Trend By Posting 55% Increase In Net Income In Second Quarter United Wholesale Mortgage Holdings on Tuesday posted a net income of $215.4 million in the second quarter. This is a 55% increase from 2021.  The suburban Detroit lender also posted profits on $29.9 billion in loan origination volume for

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United Wholesale Mortgage Posts 55% increase In Income In Q2 Read Post »

Foreclosure Spike Expected In The Coming Months

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Pandemic Backlog Will Create A Serious Foreclosure Spike In The Coming Months Expect a foreclosure spike in the coming months. Lenders have a backlog of distressed mortgages dating back to the height of the pandemic. Consequently, they are now about to start foreclosing. However, they are not expect to be as high as the foreclosure

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Foreclosure Spike Expected In The Coming Months Read Post »

Open Mortgage

Open Mortgage Does Another Round Of Lay Offs

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Former Employees Express Shock On Social Media As Open Mortgage Performs Another Round Of Mass Lay Offs Another round of mass layoffs has struck employees at Open Mortgage. The Texas based lender did a previous round of layoffs in June. Open Mortgage Founder and CEO Scott Gordon confirmed that layoffs had taken place but didn’t

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Open Mortgage Does Another Round Of Lay Offs Read Post »

Liberty Reverse Mortgage

Liberty Reverse Mortgage Has Record Losses in Q2 Says Ocwen

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Ocwen Financial Owned Liberty Reverse Mortgage Has Record Losses In 2nd Quarter.  Executives at Liberty Reverse Mortgage owner Ocwen Financial are worried. Why? Ocwen says the reverse mortgage unit recorded a pre-tax loss of $26 million in Q2 2022. This is in comparison to a profit of $6 million one year prior.  Liberty Reverse Mortgage

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Liberty Reverse Mortgage Has Record Losses in Q2 Says Ocwen Read Post »

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