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 […]
Mortgage Servicers Are Warned A 3rd Time To Adhere To The CARES Act Read Post »
NEW YORK REVERSE MORTGAGE SCAM ALERT! Servicers Are Targeting Seniors For Foreclosure! Don’t Be A Victim! MFI-Miami has issued a New York Reverse Mortgage Scam Alert! It seems like Reverse Mortgage servicing companies are pulling a reverse mortgage scam on unsuspecting seniors with a New York Reverse Mortgage. They are showing no shame in doing
New York Reverse Mortgage Scam Alert! Read Post »
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
Quicken Loans Throws In The Towel And Agrees To Pay Fine To Feds Read Post »
Reverse Mortgage Foreclosure Alert! Detroit Ranks Number 1 In The Nation For Reverse Mortgage Foreclosures! Detroit finally ranks number one for something. The good news is that it’s not for murders or homicides. The bad news it’s not for any of their sports teams. Anyone who does reverse mortgage foreclosure defense knows it’s for reverse
Reverse Mortgage Foreclosure Alert! Detroit Ranks Number 1 Read Post »
The Government Shutdown Halts Reverse Mortgage Funding Because Lenders Can’t Get FHA Endorsements President Trump’s government shutdown is approaching the two-week mark. It has now brought the reverse mortgage sector to screeching halt. The government shutdown has HUD is working with a skeleton crew. That means FHA cannot underwrite or endorse reverse mortgages or any FHA products.
Government Shutdown Could Cost Reverse Mortgage Sector Billions Read Post »
