UWM Has Filed A SLAPP Lawsuit Against Owners Of A Facebook Page Dedicated To Brokers. UWM has filed a SLAPP lawsuit against mortgage broker Ramon Walker. The lender alleges Walker used social media to unfairly promote competitors and misuse trademarked material. UWM alleges Ramon Walker and Mortgage Solutions FCB dba Client Direct Mortgage breached their […]
Wells Fargo Bombshell! Lawsuit Alleges The Bank’s Own System Flagged The Scam That Defrauded Over $180,000 From Senior Citizens A Wells Fargo bombshell lawsuit has been filed by a pissed off Wells Fargo customer. The suit alleges Thomas Murrer was conned out of more than $30,000 by scammers. Murrer also claims that the bank’s anti-fraud […]
NewRez Is Restructuring It’s Retail Division By Eliminating Legacy Senior Managers From Caliber Home Loans. NewRez is restructuring its distributed retail mortgage business. as a result, this has resulted in cuts to regional and divisional managers. The restructuring also includes reduced compensation for loan officers. The company fired any nonproducing regional and divisional managers last […]
Hong Kong And Chinese Bankers Face Massive Layoffs Due To Region’s Economic Uncertainty It appears predictions of China’s economic domination of the world have been greatly exaggerated. Hong Kong and Chinese Bankers are facing massive layoffs. It has already begun at Asia’s largest bank. HSBC’s Greater China commercial banking division has reportedly dismissed at least […]
UWM Sues Top Broker Atlantic Trust Mortgage For Violating Broker Ultimatum Agreement It Makes All Brokers Nearly three years have passed since United Wholesale Mortgage (UWM) issued an ultimatum to its broker partners. The ultimatum makes it clear that brokers must choose between UWM and competitors. Now, UWM has now taken more legal action to enforce […]
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