FDIC Will Protect Silicon Valley Bank Depositors But Federal Reserve Rules Out Bailing Out Bank FDIC has stepped up to protect deposit holders of Silicon Valley Bank Authorities said on Sunday that it would protect depositors. Depositors will have access to all of their money on Monday. However, the Federal Reserve has ruled out giving […]
Impac Mortgage Holdings Is Going Broker. Company Says Desperate Times Require Drastic Changes Starting With Winding Down It’s TPO Channel Impac Mortgage Holdings is going broker. The company announced major changes Wednesday. It said it was converting to a mortgage broker model. In addition, Impac announcing plans to “wind down” its third-party origination channel. It […]
United Wholesale Mortgage has reduced its staff by 2,600 since 2021. This 30% Of It’s Staff Since January 2021, United Wholesale Mortgage has let go of 2,600 employees. The company has gone from 8,600 employees to 6,000. This contradicts CEO Mat Ishbia that UWM hasn’t laid anyone off. Ishbia even stated it again in a […]
The Tricks To Getting Successful New York Loan Modifications Done That Most Foreclosure Defense Lawyers Don’t Know! First off, let’s get one thing straight. Mortgage loan modifications are probably your best option if you are in foreclosure. Why? It’s extremely unlikely that you’re not going to score a debt-free house in your foreclosure. Even if […]
Lawsuit Alleges eXp Realty Turned A Blind Eye To It’s Agents Who Drugged And Sexually Assaulted Recruits A very disturbing and controversial lawsuit has been filed against eXp Realty and eXp World Holdings. The lawsuit alleges that eXp Realty “turned a blind eye” on former agents sexually assaulting women at the company events. Plaintiffs filed […]
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