Faced with a lawsuit and dozens of state enforcement actions, the embattled mortgage servicer is hitting back
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The embattled mortgage-servicing company finally released its much-delayed 2014 results, which reported a big loss last year. However, it said it expects to return to profitability in 2015,
The lender, which is already in trouble with the CFPB over its business practices, has agreed to pay nearly $5.3 million over allegations it let employees cheat on mortgage originator license testing.
What's its secret sauce? Since it launched last year, the startup has originated over $100 million in loans and raised about $109.3 million across three rounds of financing.
With only a few months left until implementation, a recent survey of mortgage executives shows very few are fully prepared for the regulation’s changes.
The cooperative lets fix-and-flip investors to institutional investors access discounts on products and services needed to purchase, renovate, manage and sell residential investment properties.