fake miami movie producers

Fake Miami Movie Producers Sentenced To 21 Years In Prison

Fake Miami Movie Producers Sentenced To 21 Years In Prison For Scamming Investors Out Of $60 Million  Last week, a federal judge in Miami sentenced one of two fake Miami movie producers to 262 months in prison. The court also ordered Jason Van Eman to pay certain victims over $9 million in restitution. A federal […]

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 […]

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