The CFPB And Conference of State Bank Supervisors Warn Mortgage Servicers To Adhere To The CARES Act For The 3rd Time Government agencies have issued a third warning to mortgage servicers to adhere to the CARES Act. The CFPB and the Conference of State Bank Supervisors have sent their third warning to mortgage servicers. The […]
CORONAVIRUS MORTGAGE FORBEARANCE WARNING! FHA-OIG Busts Mortgage Servicers Deceiving Homeowners MFI-Miami has issued a Coronavirus Mortgage Forbearance Warning! The FHA-OIG has issued a scathing report saying mortgage servicers are deceiving homeowners about Coronavirus Mortgage forbearance programs. HUD and FHA refused to publicly say which mortgage servicers were deceiving homeowners. However, they did say they have […]
Did A Bank of America Foreclosure Mill Alter Mortgage Documents In A Foreclosure Case? MFI-Miami has busted a suburban Milwaukee foreclosure mill for filing altered mortgage documents as evidence in a foreclosure case. The Bank of America Foreclosure Mill is BP Peterman Law Group. BP Peterman Law Group was representing Bank of America in a […]
Waterstone Mortgage Now Offering No Credit Score Mortgages. Is This A Game Changer? Up until now, if you had bad or no credit history you couldn’t get a mortgage. Wisconsin-based Waterstone Mortgage announced yesterday that it is now lending to borrowers who do not have a credit history. Waterstone Mortgage is making the program is […]
Quicken Loans Throws In The Towel And Agrees To Settle DOJ’s False Claims Act Lawsuit For $32.5 Million Quicken Loans and Dan Gilbert did something Gilbert claimed they would never do. They caved to the government. They agreed t0 settle with the government over Quicken Loans FHA lending practices. Quicken has agreed to pay the […]
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