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 »
Mr. Cooper Is Kicking Hurricane Helene Victims In The Gut By Reneging On Forbearance Agreements Hurricane Helene victims in Florida are trying to rebuild their homes. However, they must fight their new mortgage company while picking up the pieces of their shattered lives. Mortgage servicer, Mr. Cooper is now threatening to take their homes away.
Hurricane Helene Victims Get Kicked In The Gut By Mr. Cooper Read Post »
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
Homestar Financial Throws In The Towel Read Post »
Mortgage Lenders And Brokers Are Feeling The Pain As Mortgage Applications Plunge To A 28-Year Low Mortgage applications plunge to 1995 levels. The Mortgage Bankers Association says that lenders and brokers have witnessed a significant decline of 6.9% from the previous week. This is worst week for originations since 1995. The MBA’s Market Composite Index
Mortgage Applications Plunge To A 28-Year Low Read Post »
US Supreme Court Has Told A Coalition Of 27 State GOP Attorneys General To Bugger Off In CFPB Litigation The US Supreme Court has told a coalition of 27 Republican state attorneys general to bugger off. The high court denied their request to join oral arguments against the constitutionality of the Consumer Financial Protection Bureau.
Supreme Court Has Told GOP AGs To Bugger Off From CFPB Suit Read Post »
