Long Island Fraudster Gary Confredo AKA Gary Conte Pleads Guilty to $3 Million Loan Fraud Scheme. He Now Faces 30 Years In Prison Long Island fraudster Gary Confredo pleaded guilty to conspiracy to commit bank fraud. Confredi was the mastermind in a scheme to defraud Bank of America of more than $3.2 million Confredi also […]
Select Portfolio Servicing Ramping Up Chicagoland Foreclosures. Call 888.737.6344 Before It’s Too Late! Select Portfolio Servicing is ramping up foreclosures in the Chicagoland area. Therefore, MFI-Miami has teamed up with the WeissOrtiz law firm to create a Chicagoland foreclosure defense team. The team’s focus will solely be on helping homeowners develop strategies to help you […]
Impac Mortgage Holdings Fires 47% Of Its Employees After Posting $13 Million Loss In 3rd Quarter Of 2022 Impac Mortgage Holdings had a $13 million loss in the third quarter of 2022. This is leading leadership to adopt a defensive posture. They need to try and navigate one of the most challenging markets in decades. […]
Angel Oak Home Loans Selling Brick-And-Mortar Locations Along With Staff To Cross Country Mortgage. Angel Oak Home Loans said Thursday it will exit its brick-and-mortar retail lending business. The Atlanta-based lender said it is selling its retail lending business to a buyer it declined to disclose. It also did not disclose the financial terms of […]
Redfin Announced Wednesday It Is Laying Off 862 Employees. This Is 13% Of Its Staff. They Also Stated They Are Getting Out Of The iBuying Business. Redfin CEO Glenn Kelman wrote in an email to employees that the company is “laying off 862 brilliant, loyal people.” He also added that the company was closing RedfinNow. […]
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