Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What
Reverse Mortgages: What You Don’t Know Could Cost You Read Post »
Dan Gilbert’s Legal Trickery Blows Up In His Face. Federal Judge Smacks Down Quicken Loans Preemptive Lawsuit Against DOJ The Quicken Loans preemptive lawsuit against the Department of Justice and HUD blew up in Dan Gilbert’s face. U.S. District Judge Mark A. Goldsmith rejected Quicken’s arguments for the suit. Quicken Loans was attempting to stop
Quicken Loans Preemptive Lawsuit In FCA Case Tossed Read Post »
88 Year-Old Minnie Fish Nearly Left Homeless After Nationstar Subsidiary Declares Her Dead Nationstar Mortgage subsidiary Champion Mortgage claimed 88-year-old Minnie Fish of Tennessee was dead. She almost lost her home because of it. Nationstar Mortgage’s reverse mortgage company, Champion Mortgage first started sending statements to Fish’s estate this summer, saying her loan was due
Woman Nearly Homeless After Nationstar Declares Her Dead Read Post »
The DOJ’s False Claims Act Suit Could Force Quicken Loans To Give Up FHA The legal battle between Quicken Loans and the DOJ may drive Quicken out of FHA lending. The DOJ’s alleges that Quicken knowingly submitting hundreds of fraudulent loans insured by the Federal Housing Administration Quicken Loans owner Dan Gilbert had several of his infamous Veruca
False Claims Act Suit May Force Quicken Out of FHA Read Post »
Reverse Mortgage Broker Direct Finance Corporation Gets Sued By New Massachusetts AG For Ripping Off Seniors Massachusetts Attorney General Maura Healey filed a civil complaint in Suffolk Superior Court against reverse mortgage broker Direct Finance Corporation(DFC) based in Norwell, Massachusetts. The complaint states its employee, Daniel Matthews who worked as a loan originator, and outside insurance
Reverse Mortgage Broker Feels The Wrath Of Mass AG Read Post »
