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 […]

New FHA Guidelines

New FHA Guidelines To Ignore COVID-Era Employment Lapse

Lenders Have Until September 5th To Comply With New FHA Guidelines Ignoring COVID-Era Employment Lapses  New FHA guidelines loosen the requirements to qualify for a loan if they lost work during the pandemic. Beginning September 5th, lenders are to ignore job gaps during the Covid-19 pandemic. The Federal Housing Administration (FHA) announced new flexibility for […]

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