Dan Gilbert

Is Dan Gilbert Selling Rocket Mortgage?

Is Dan Gilbert Selling Rocket Mortgage Amid Plummeting Originations, Layoffs And Talks Of “Industry Consolidations”? There is no doubt that the past year was horrible for Dan Gilbert and Rocket Mortgage. The company saw profits plummet faster than contestants on a Japanese game show. So, is Dan Gilbert selling Rocket Mortgage? Seriously, Rocket Mortgage has […]

Former Live Well CEO

Former Live Well CEO To Be Sentenced To Prison

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 […]

accused fraudster michael strauss

Did Accused Fraudster Michael Strauss Start A New Company?

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

US Banks Are Tightening Lending Standards

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

Renting a Foreclosure Property? You Need To Read This.

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 […]

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