Real Estate Class Action Lawsuit

Another Real Estate Class Action Lawsuit Has Been Filed

Lawyers Who Just Won The $1.8 Billion Lawsuit Against The NAR Have Filed Another Real Estate Class Action Lawsuit  The lawyers who just won the $1.8 billion lawsuit against the NAR over realtor commissions aren’t wasting anytime. They have filed a new real estate class action lawsuit. This time they are seeking class-action status covering […]

Bank Branch Bloodbath

Bank Branch Bloodbath: Major Banks Close Another 19 Locations

Bank Branch Bloodbath Continues As Bank of America And Chase To Close Another 15 Locations The bank branch bloodbath continues! Bank of America filed to close nine branches with the OCC last week. Chase filed to close six more. Citizens and Trustco are each closing a branch each. Patriot and US Bank also reported one […]

LoanDepot is reporting

loanDepot Is Reporting A 6th Consecutive Quarterly Loss

loanDepot Is Reporting A 6th Consecutive Quarterly Loss. Company Had A $26 Million Loss In Q3. Will loanDepot Survive 2024? SEC filings show loanDepot is reporting its sixth consecutive quarterly loss in the third quarter of 2023. The company said total revenue declined as a result of lower origination volume. However, they have made inroads with […]

Compass

Compass Cuts Losses In 3rd Quarter

Compass Continues To Still Lose Money But Managed To Cut Losses In 3rd Quarter. Company Said The Sitzer/Burnett Case IS Not A Concern Compass executives were positively surprised in the third quarter of 2023. The company lost money again. However, the company grew by 26 basis points year over year. This was an increase of […]

New Jersey Father And Son

New Jersey Father And Son Duo Indicted For Mortgage Fraud

A New Jersey Father And Son Duo Are Indicted For $2.5 million Mortgage Fraud Scheme A New Jersey grand jury indicted a New Jersey father and son duo from Bergen County for mortgage fraud. The New Jersey AG alleges the pair defrauded investors and mortgage lenders of more than $2.5 million in the Jersey Shore. […]

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