Bank of America Reports Mortgage Originations Are Down 11.5% In Second Quarter Bank of America reports that customers haven’t slowed down their activities despite a fear of a recession. In addition. Bank of America reported that deposits have grown to a record level above $1 trillion. The bank also says consumer spending is increasing for […]
JP Morgan Chase Executives Panic As Mortgage Originations Continue to Free Fall JPMorgan Chase leaders continue to panic as mortgage originations continue their free fall. It’s not pretty for JPMorgan Chase as mortgage originations continue to free fall. This is after the bank laid off hundreds of mortgage employees. Chase reported double digit declines in […]
Mega-Millionaire Miami Developer Eric Sheppard Busted In $900,000 PPP Loan Fraud Scam Federal prosecutors have indicted mega-millionaire Miami Eric Sheppard developer. They claim Sheppard stole nearly $900,000 from the U.S. government’s Paycheck Protection Program (PPP). Sheppard owns WSG Development. Eric Sheppard is facing one felony count of wire fraud. Prosecutors allege he submitted “fraudulent” applications […]
Feds Bitchslap Bank of America With $225 Million Fine. Feds Claim BofA Froze Prepaid Cards For People Seeking Jobless Benefits. The Feds bitchslap Bank of America with a $225 million fine by Federal regulators. The government accused the bank of shortcomings in how they handled jobless benefits during the COVID-19 pandemic. The OCC and CFPB […]
Fighting Rushmore Foreclosures Has Become Tougher. Do You Have A Winning Rushmore Loan Management Foreclosure Defense Team? Call 888.737.6344 The economy is uncertain. Inflation is out of control. Interest rates are rising. Rushmore Loan Management is stepping up foreclosures. Worst of all, foreclosures are getting tougher to fight. So, do you have the right Rushmore […]
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