A consumer is suing mortgage lender Loandepot for an alleged onslaught of live and pre-recorded telemarketing calls. Robert Hubble, resident of Lake George, Michigan, claims that from March 27 to…
Maria Volkova
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Newrez let go of over 100 employees in Colorado and Florida following the completion of its acquisition of Computershare Mortgage Services and certain affiliates, including Specialized Loan Servicing LLC. Real…
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NEXA Mortgage’s CEO, Mike Kortas, is accusing his former partner, Mat Grella, of a number of infractions, including compromising the purchase of a $24 million hangar office property, in a…
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Fairway Independent Mortgage is making notable recruiting moves, announcing Wednesday it brought onboard origination teams from Summit Funding, Movement Mortgage, Norcom Mortgage and Intercap Lending. All in all, 84 producers…
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Another mortgage lender has opted to sell its operations, as elevated interest rates and low origination activity continue to rattle the lending industry. Mountain West Financial, a Redlands, California-based shop…
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Two former assistants at LendUS, a California-based mortgage lender acquired by CrossCountry Mortgage in 2022, are suing their employer for allegedly stiffing them and others of overtime compensation owed, thereby…