Michigan Judge Has Rules Rocket Mortgage Noncompete Agreements Are Unenforceable And Violate Michigan Law A Michigan judge ruled on Friday that Rocket Mortgage noncompete agreements are void and unenforceable. Thus, dealing a blow to the lender in its long-running legal battle with Swift Home Loans. Wayne County Judge Brian R. Sullivan issued the ruling. Judge […]
Rocket Mortgage Noncompete Agreements Are Unenforceable Read Post »
Prosecutors Have Charged Indiana Mortgage Broker Laura Sue Mickler With 10 Counts Of Fraud Indiana prosecutors have charged former mortgage loan officer Laura Sue Mickler with 10 counts of fraud. Mickler allegedly filed fake documents while working as a mortgage loan officer in Muncie. Prosecutors charged the former loan officer earlier this month in Delaware
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One Of The Top 10 LOs In The US Indicted On One Count Of Conspiracy To Commit Bank Fraud In Alleged Mortgage Fraud Scheme Federal prosecutors in New Jersey have indicted Christopher Gallo with conspiracy to commit bank fraud. The mortgage industry has recognized Gallo as one of the US’s Top 10 LOs. The industry
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The American Housing Market Is Resembling 2006. Is It Deja Vu All Over Again? The American housing market is sound disturbingly familiar to us who survived the housing crash 15 years ago. Skyrocketing home prices have very suddenly leveled off. Recession fears are swirling and the number of home sales has dropped off in the
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The Mortgage Bankers Association Says Mortgage Payments Increased 17% Annually As Homebuyer Affordability Becomes More Challenging The Mortgage Bankers Association says homebuyer affordability remained unchanged in July from June. However, mortgage payments increased 17% from last year. The MBA’s Purchase Applications Payment Index (PAPI) measures how new monthly mortgage payments vary across time. The index
Mortgage Payments Increased 17% Annually In July Read Post »
