JPMorgan Chase Loan Officer Ross D. Pickard Pleads Guilty To Conspiracy To Commit Loan Fraud JPMorgan Chase Loan Officer Ross D. Pickard pleaded guilty to conspiracy to commit loan fraud. The 63-year old faces a maximum penalty of five years in federal prison. Pickard also faces up to 30 years on each of the fraud counts. […]
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Nationstar Leadership Lets Company’s Marketing Team Rebrand It As “Mr. Cooper” Meet Mr. Cooper. The new name of Nationstar Mortgage. Nationstar entered 2017 looking for a fresh start and apparently a name change was just the thing. They didn’t choose just any name. They chose to name the company after movie icon Gary Cooper. Nationstar
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Explaining Foreclosure To Kids Isn’t Damaging To Their Psyche But Shocking Them On Moving Day Can Be Explaining foreclosure to kids is usually the last thing most parents do while facing foreclosure. Facing foreclosure is emotionally tough for adults. It makes them feel weak. It also makes them feel like failures as parents. So they
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NACA And CRA Housing Agencies Screwed Homeowners With Loan Modifications During the housing crisis, many homeowners went to CRA Housing Agencies seeking help to modify their loans. CRA Housing Agencies offered services for free and were the beneficiaries of free advertising from clueless politicians and their banking benefactors. Yes, CRAs are funded by the banking
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Homeowners Will Have To Fight To Keep Their Homes When HAMP Ends Homeowners better have their loan modifications completed by December 31st or be prepared to fight their lenders. The HAMP program is coming to end. The Home Affordable Modification Program was launched in 2009 in answer to the financial crisis. The program provided financial incentives
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