Homepoint Has Laid Off 100+ Employees. Company Expects To Save $100 Million Per Year With Layoffs Homepoint has laid off more than 100 employees this week. The company has been taking it to the gut with its price war with UWM. The company confirmed the layoffs on Wednesday and Thursday. They say the layoffs are […]
Suburban Mortgage Is Pulling The Plug On Mortgage Lending But Company Claims They Are Not Shutting Down Arizona-based mortgage lender Suburban Mortgage’s website is down. The company also disabled employee emails. You would think this is a sign the company has shut it’s doors and fired it’s employees. However, a spokesperson sent a comment to […]
Investment Scam Ringleader Pleads Guilty. Feds Recorded Him Paying Cash Kickbacks At A Boca Raton Starbucks Investment scam ringleader Paul Geraci pleaded guilty last week for his role in a large investment scheme. Geraci and several others defrauded investors out of approximately $21 million. They falsely claiming that investors’ money would go towards the development […]
Rocket Mortgage Extends Voluntary Buyouts To Small Number Of Team Members Rocket Mortgage extends it’s the second wave of “voluntary career transition” offers to employees. The company is expecting a drastic reduction in origination volume in the third quarter. The company says the buyout offer is a “completely optional plan.” The extended buyout off is […]
Former Compass Insider Says That More Secret Compass Layoffs Are Coming Before The End Of The 3rd Quarter A few days ago, Zoe Rosenberg of Business Insider sat down with a former insider at Compass. The former employee told her that more secret Compass layoffs are coming before the end of the third quarter. Compass […]
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