Norcom President Phil DeFronzo Told LOs To Push Disaster Loans To Florida Homeowners As Hurricane Ian Began Pummeling The State Norcom President Phil DeFronzo sent out a companywide email to managers and LOs on Wednesday afternoon. But this was no ordinary email. The email told employees to push FHA 203H disaster loans on victims of […]
Norcom President Tells LOs To Push Loans On Hurricane Victims Read Post »
Sterling Bank & Trust Still Remains Under Criminal Investigation By Department Of Justice And The SEC The Comptroller of the Currency (OCC) on Tuesday said it has imposed a $6 million fine on Sterling Bank & Trust FSB. The OCC alleges the bank originated mortgage loans for about eight years using false or fraudulent information.
Sterling Bank & Trust Fined $6M Over Mortgage Fraud Issues Read Post »
The Goldman Sachs Slaughter Begins. Bank Fires Employees At All Levels After Dishing Out Bonuses And Hiking Salaries During Pandemic The Goldman Sachs mass slaughter has begun! The bank has launched a wave of mass layoffs of workers across the US. 18 months ago the bank was dishing out cushy bonuses and high salaries during
The Goldman Sachs Slaughter Begins! Read Post »
FTC And California Regulator Accuse California Mortgage Relief Operation Of Running A Scam A federal court in California has shut down California Mortgage Relief Operation. Federal and state regulators say they were offering “sham mortgage relief” programs. Regulators also say the scam operated by Dominic Ahiga and Roger Scott Dyer cost consumers millions of dollars.
California Mortgage Relief Operation Shut Down by The Feds Read Post »
Federal Prosecutors Prove Former HUD Official Improperly Directed Government Business To A Personal Friend’s Company A federal jury has convicted a former HUD official. Former HUD Assistant Inspector-General Eghbal “Eddie” Saffarinia concealed efforts to direct tens of millions of dollars in government business to a friend to whom he owed money. The friend was also
Former HUD Official Going To Prison For Falsifying Records Read Post »
