CFPB Has Banned Novad Consulting From Servicing Reverse Mortgages For Failing To Properly Communicate With Mortgage Borrowers The CFPB has banned Novad Consulting from servicing reverse mortgages. HUD and CFPB had first ordered the company to stop illegal activities that harmed older homeowners. The CFPB found that NOVAD Management Consulting had inadequate resources and staffing […]
CFPB Bans Novad From Reverse Mortgage Servicing Read Post »
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
Are Novad Management Consulting CEO Davon Kelly And His Staff MIA? Read Post »
FHA Reverse Mortgage Servicer Novad Management Consulting Named Worst Mortgage Servicer Ever! The other day I wrote that Tom Lennon’s reverse mortgage case is the craziest case I have had in 13 years. It’s also the first time I have had to deal with Novad Management Consulting. Novad Management Consulting is one of the most
Novad Management Consulting: Worst Reverse Mortgage Servicer Ever! Read Post »
