Novad Management Consulting CEO Davon Kelly And His Staff Appear To Be Missing In Action The inept leadership of Novad Management Consulting CEO Davon Kelly is amazing. I have never seen a more ineptly ran mortgage servicer in my 25 years in mortgage lending. Kelly is either an incompetent CEO, or he is missing in […]
Federal Prosecutors Accuse Loss Mitigation Services Of Defrauding HUD, Fannie Mae, and Freddie Mac The owners and co-founders of Loss Mitigation Services are accused of defrauding Fannie Mae, Freddie Mac, and HUD. Federal prosecutors allege the Massachusetts based short sale company defrauded government agencies on nearly 100 short sale transactions. Loss Mitigation Services negotiates with lenders […]
Trump Administration Racism Now Expands To HUD As HUD Wants To Limit Fair Housing Complaints Trump Administration racism is now kicking down the door at HUD. The administration wants to make it harder for people to sue lenders and landlords for housing discrimination. HUD has also become the last bastion for women and people of […]
Andrew Cuomo Orders NYDFS To Investigate Facebook Housing Discrimination Claims Last year, HUD launched an investigation into complaints of Facebook housing discrimination. Now it’s New York State’s turn. Governor Andrew Cuomo announced that the NYDFS will be investigating Facebook housing discrimination claims. The NYDFS wants to know if the site allowed housing providers to discriminate […]
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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