Compass

Compass Cuts Losses In 3rd Quarter

Compass Continues To Still Lose Money But Managed To Cut Losses In 3rd Quarter. Company Said The Sitzer/Burnett Case IS Not A Concern Compass executives were positively surprised in the third quarter of 2023. The company lost money again. However, the company grew by 26 basis points year over year. This was an increase of […]

New Jersey Father And Son

New Jersey Father And Son Duo Indicted For Mortgage Fraud

A New Jersey Father And Son Duo Are Indicted For $2.5 million Mortgage Fraud Scheme A New Jersey grand jury indicted a New Jersey father and son duo from Bergen County for mortgage fraud. The New Jersey AG alleges the pair defrauded investors and mortgage lenders of more than $2.5 million in the Jersey Shore. […]

RE/MAX Executives Have No Regrets Over $55Million Settlements

RE/MAX Executives Have No Regrets Over $55M Lawsuit Settlement. Company Executives Say Ruling Will Have Little Impact On Their Business The earth shattering ruling against real estate industry last week is still sending shockwaves through the industry. A Missouri jury ordered the NAR and several large residential brokerages to reimburse homeowners $1.8 billion to $5 billion […]

Mr. Cooper Was Forced Into Lockdown By Halloween Cyberattack

Mr. Cooper Was Forced Into Lockdown By Halloween Cyberattack. Hackers May Have Compromised Customer Files A cyber attack has forced Texas-based lender and servicer Mr. Cooper into lockdown last week. The company says the cybersecurity incident happened on Halloween. As a result, the company was forced to lock down certain technology systems. Mr. Cooper also issued […]

Romspen Is Scamming Grandma and Grandpa

Romspen Is Scamming Grandma And Grandpa Out Of Their Pension. Retirees Have Christened Them, “Rob ‘Em And Spend”  Canadian commercial lender Romspen is on track to be a major black eye for the Canadian financial sector and could face insolvency in the near future. Why? Romspen is scamming grandma and grandpa out of their pension. […]

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