Mortgage Lenders Are Clawing Back Signing Bonuses From Loan Officers The mortgage industry is seeing a wave of lawsuits in 2026 as mortgage lenders move aggressively to recoup large signing bonuses from loan officers (LOs) who leave before their contracts fully “vest.” What used to be a quiet internal HR matter has become public litigation, […]
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And Another One Bites The Dust! Homestar Financial Shuts Down Amidst Mortgage Volatility Georgia based Homestar Financial announced this week that it is shutting down. The company blames rising mortgage rates and massive volume decrease. Additionally, they are also blaming the market compression for the closure. A Homestar Financial LO posted on Facebook: Please pray
Billionaire Real Estate Investor Says US Commercial Mortgage Market On The Brink Of Collapse Because Of COVID-19 Billionaire Tom Barrack says the US commercial mortgage market is on the brink of collapse because of the coronavirus crisis. The CEO of Colony Capital said the economic ‘domino effect’ could dwarf the Great Depression. Barrack also said
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