Federal Judge Could Sentence Former Live Well CEO Michael Hild To 33 Years For $200 Million Bond Fraud Scheme Federal prosecutors have recommended former Live Well CEO receive 15 years in prison. However, the federal court could send him to prison for up to 33 years. A federal judge found him guilty of orchestrating a […]
Did Accused Fraudster Michael Strauss Start A Mortgage Company After Abruptly Shutting Down Sprout Mortgage? Did accused fraudster Michael Strauss start a new mortgage company? It appears he has and former Sprout Mortgage employees are pissed. Strauss abruptly shut down Sprout Mortgage in early July. He stiffed his employees out of their last paychecks. Sprout also […]
US Banks Raising The Risk Of A Recession By Tightening Lending Standards The Federal Reserve isn’t the only one tightening credit. US banks are also tightening standards and that spells trouble for the US economy. US banks are tightening terms on loans for medium and large businesses. Banks are raising guidelines to levels usually seen […]
Renting a Foreclosure Property? What To Do If The Lender Starts Sending Threatening Mail To The Property. Are you renting a foreclosure property? You could be and not know it. There is currently a pandemic of landlords renting out their properties in foreclosure litigation. Landlords do this for two reasons. The first being to offset […]
The CFPB Spanks Wells Fargo With Yet Another Fine Yesterday For Ripping Off Consumers. This Time It’s For $3.75 Billion The CFPB spanks Wells Fargo with another fine by the CFPB yesterday. The CFPB has ordered Wells Fargo Bank to pay $3.7 billion for violations across several of its largest product lines. This includes mortgage […]
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