Lenders Have Until September 5th To Comply With New FHA Guidelines Ignoring COVID-Era Employment Lapses New FHA guidelines loosen the requirements to qualify for a loan if they lost work during the pandemic. Beginning September 5th, lenders are to ignore job gaps during the Covid-19 pandemic. The Federal Housing Administration (FHA) announced new flexibility for […]
Sprout Mortgage Is The Latest Lender To Implode Due To Current Economic Conditions Sprout Mortgage is shutting its doors according to multiple employees. The company informed employees on Wednesday. The company informed the more than 300 workers of the shut down in a conference call on Wednesday. Sprout had already instituted several rounds of job […]
New Residential Investment Corporation Hands Out Hundreds More Top To Bottom Pink Slips In Every Department. New Residential Investment Corporation is continuing to lay off originations staffers this week. The lender has made launched rounds of massive layoffs since February. New Residential employees say the company targeted their processing, underwriting, and closing departments in last […]
Desperate Fannie And Freddie Are Accepting On-Time Rent As Credit In New Underwriting Guidelines Fannie Mae and Freddie Mac are expecting to see a drop in revenue with the pending recession. As a result, a desperate Fannie and Freddie are resorting to a new tactic to get people qualified for mortgages. The GSEs are using […]
Mugshots.com Sued For Libel And Defamation By MFI-Miami Owner Steve Dibert For those of you who may not know, I filed a libel lawsuit against Mugshots.com earlier this year. I have named several other people individually as defendants including Mugshots.com owners, Thomas Keesee and Sahar Sarid. I have also named Miami Attorney Raymond Calderon and […]
Speak to a specialist at (888) 737-6344
Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.
