88 Year-Old Minnie Fish Nearly Left Homeless After Nationstar Subsidiary Declares Her Dead Nationstar Mortgage subsidiary Champion Mortgage claimed 88-year-old Minnie Fish of Tennessee was dead. She almost lost her home because of it. Nationstar Mortgage’s reverse mortgage company, Champion Mortgage first started sending statements to Fish’s estate this summer, saying her loan was due […]
Mortgage Fraudster Pleads Guilty To Submitting Bogus Loan Applications In A $6 Million Dollar Mortgage Fraud Scheme Mortgage fraudster Miguel LaRosa pleaded guilty before U.S. District Judge Susan D. Wigenton in Newark federal court. LaRosa pleaded to one count of conspiracy to commit wire fraud. The mortgage fraudster confessed to submitting bogus loan applications as part […]
The DOJ’s False Claims Act Suit Could Force Quicken Loans To Give Up FHA The legal battle between Quicken Loans and the DOJ may drive Quicken out of FHA lending. The DOJ’s alleges that Quicken knowingly submitting hundreds of fraudulent loans insured by the Federal Housing Administration Quicken Loans owner Dan Gilbert had several of his infamous Veruca […]
Wells Fargo Sales Tactics Are Reportedly Under Investigation By The Federal Reserve And Office Of The Comptroller Of The Currency The lawsuit filed by Los Angeles City Attorney Mike Feuer and a group of deposit holders over Wells Fargo sales tactics seems to have gotten the attention of the Office of the Comptroller of the Currency and the […]
Congresswoman Debbie Wasserman Schultz Votes To Allow Car Dealers And Auto Finance Companies To Discriminate Against Minorities Congresswoman Debbie Wasserman Schultz pushed through Congress a bill that would allow auto finance companies to discriminate against minority and unsophisticated car buyers. The Reforming CFPB Indirect Auto Financing Guidance Act would let lenders and dealers ignore CFPB rules. Current […]
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