Mortgage Bankers Say Mortgage Forbearance Decreased To 2.62%. Ginnie Mae’s Portfolio Finally Below 3% The Mortgage Bankers Association is saying mortgage forbearances are down .27%. They also stated that forbearance portfolio volume declined at the fastest rate in a year. This is in part to mortgage holders exit COVID-19 plans. Exits are expected to pick up […]
CFPB Fines American Advisors Group $1.3 Million For Reverse Mortgage Scam Involving Seniors! The CFPB has settled a lawsuit against reverse mortgage lender American Advisors Group (AAG) for $1.3 million. The agency accused AAG of sending consumers inflated home valuations. The federal lawsuit claims AAG sent borrowers deceptive and inflated home estimates in direct mailers. […]
LoanDepot CEO Tony Hsieh Accused Of Trying To Push Garbage Loans To Investors And Running LoanDepot Like A Frat House A bombshell lawsuit alleges LoanDepot CEO Tony Hsieh of trying to dump garbage loans on investors. The suit alleges LoanDepot closed loans without the proper documentation. It also states this was done to increase LoanDepot’s […]
Detroit Credit Repair Attorney Gary Nitzkin Suspended For 90 Days For Misleading Clients About Fees The Michigan Attorney Discipline Board has suspended the law license of Detroit Credit Repair Attorney Gary Nitzkin. The board suspended Nitzkin after they found he charged clients for credit repair services that he advertised as “free.” Gary Nitzkin must also […]
Singer Joe Jonas and Game of Thrones Actress Sophie Turner Are Purchasing A Mansion In A Trendy Miami Neighborhood The Real Deal Miami has learned Joe Jonas and Sophie Turner are buying a mansion in Miami’s trendy Bay Point community. The celebrity couple paid $11 million for the waterfront home at 4400 Island Road. The […]
Speak to a specialist at (888) 737-6344
Subscribe to our weekly newsletter below and never miss the latest product or an exclusive offer.
