Flagstar Bank Pulls Plug On Retail Mortgage Lending. The Michigan-Based Bank Lays Off Hundreds Of Employees Flagstar Bank employees posted on social media that the bank has pulled the plug on mortgage lending. The bank also fired or laid off hundreds of employees. Flagstar’s move comes nearly two months after receiving the Fed approved a […]
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Is Dan Gilbert Selling Rocket Mortgage Amid Plummeting Originations, Layoffs And Talks Of “Industry Consolidations”? There is no doubt that the past year was horrible for Dan Gilbert and Rocket Mortgage. The company saw profits plummet faster than contestants on a Japanese game show. So, is Dan Gilbert selling Rocket Mortgage? Seriously, Rocket Mortgage has
Is Dan Gilbert Selling Rocket Mortgage? Read Post »
Federal Judge Could Sentence Former Live Well CEO Michael Hild To 33 Years For $200 Million Bond Fraud Scheme Federal prosecutors have recommended former Live Well CEO receive 15 years in prison. However, the federal court could send him to prison for up to 33 years. A federal judge found him guilty of orchestrating a
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New York City Evictions Are Down 78%. However, Experts Say A Tsunami Of Evictions Is On The Horizon New York City evictions are down 78%. A predicted wave of evictions didn’t happen last year. Meanwhile, New York City landlords remained on the short end of the policy stick. Crains reported that evictions in the 12
New York City Evictions Are Down 78%…But Wait! Read Post »
The New New York Foreclosure Law Is Retroactive: What It Means To You If You Are Facing Foreclosure A new New York foreclosure law went into effect on January 1st. Governor Kathy Hochul signed the Foreclosure Abuse Prevention Act right before the stroke of midnight on New Years Eve. The new law takes effect immediately.
The New New York Foreclosure Law. Does It Help You? Read Post »
