Canadian Developer

Canadian Developer To Tear Down $12.5M Florida Home

Canadian Developer Benoit Dumoulin To Tear Down $12.5 Million Fort Lauderdale Home He Just Purchased To Build Mansion Canadian developer Benoit Dumoulin has acquired a home in Fort Lauderdale for $12.5 million. The Quebec-based realtor plans to tear it down and build a mansion. Klairmont Kollections NFP based out of Chicago sold the 6,269-square-foot home […]

PNC Bank Breached

PNC Bank Breached Fannie Mae COVID-19 Payment Deferral Agreement

Class Action Lawsuit Alleges PNC Bank Knowingly Violated Fannie Mae COVID-19 Payment Deferral Agreement A lawsuit in Maryland is alleging PNC Bank breached Fannie Mae’s COVID-19 payment deferral agreement. The lawsuit states that PNC Bank continued to charge homeowners for past-due monthly principal and interest payments after they opted for the Covid-19 deferral program. The […]

American Advisors Group

American Advisors Group Reverse Mortgage Scam Alert!

CFPB Fines American Advisors Group $1.3 Million For Reverse Mortgage Scam Involving Seniors! The CFPB has settled a lawsuit against reverse mortgage lender American Advisors Group (AAG) for $1.3 million. The agency accused AAG of sending consumers inflated home valuations. The federal lawsuit claims AAG sent borrowers deceptive and inflated home estimates in direct mailers. […]

LoanDepot CEO

LoanDepot CEO Accused Of Pushing Garbage Loans To Investors

LoanDepot CEO Tony Hsieh Accused Of Trying To Push Garbage Loans To Investors And Running LoanDepot Like A Frat House A bombshell lawsuit alleges LoanDepot CEO Tony Hsieh of trying to dump garbage loans on investors. The suit alleges LoanDepot closed loans without the proper documentation. It also states this was done to increase LoanDepot’s […]

Detroit Credit Repair Attorney

Detroit Credit Repair Attorney Gary Nitzkin Suspended For 90 Days

Detroit Credit Repair Attorney Gary Nitzkin Suspended For 90 Days For Misleading Clients About Fees The Michigan Attorney Discipline Board has suspended the law license of Detroit Credit Repair Attorney Gary Nitzkin. The board suspended Nitzkin after they found he charged clients for credit repair services that he advertised as “free.” Gary Nitzkin must also […]

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