Bank of America Reports Double-Digit Drop In Mortgages

Bank of America Reports Mortgage Originations Are Down 11.5% In Second Quarter Bank of America reports that customers haven’t slowed down their activities despite a fear of a recession. In addition. Bank of America reported that deposits have grown to a record level above $1 trillion. The bank also says consumer spending is increasing for […]

Feds Bitchslap Bank Of America

Feds Bitchslap Bank of America With $225 Million Fine

Feds Bitchslap Bank of America With $225 Million Fine. Feds Claim BofA Froze Prepaid Cards For People Seeking Jobless Benefits.  The Feds bitchslap Bank of America with a $225 million fine by Federal regulators. The government accused the bank of shortcomings in how they handled jobless benefits during the COVID-19 pandemic.  The OCC and CFPB […]

New York Mortgage Fraudsters

New York Mortgage Fraudsters Plead Guilty To Mortgage Fraud

Two New York Mortgage Fraudsters Plead Guilty To Running A Mortgage Fraud Scheme In Connecticut  Two New York Mortgage Fraudsters pleaded guilty Tuesday for operating a wide-ranging mortgage fraud scheme. The scheme involved 24 mortgage loans on numerous multifamily housing properties in Hartford, Connecticut. The duo scammed nearly $50 million from different lenders. Jacob Deutsch […]

struggling LoanDepot

Struggling LoanDepot Will Cut Nearly 5,000 Jobs In 2022

Struggling LoanDepot Will Cut Nearly 5,000 Jobs In 2022 As Part Of A Restructuring Plan Struggling LoanDepot is the latest lender to announce layoffs. The company is preparing to lay off the largest number of employees in the mortgage industry this year. The company is eliminating 4,800 jobs over the course of 2022.  LoanDepot is […]

PHH Mortgage Foreclosure Defense

PHH Mortgage Foreclosure Defense Call 888.737.6344

Fighting PHH Mortgage Foreclosures Has Become Tougher. Do You Have A Winning PHH Mortgage Foreclosure Defense Team? Call 888.737.6344 The economy is uncertain. Inflation is out of control. Interest rates are rising. PHH Mortgage is stepping up foreclosures. Worst of all, foreclosures are getting tougher to fight. So, do you have the right PHH Mortgage […]

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