Another Wholesaler Closes Down
Another subprime wholesaler is calling it quits -- leaving employees in seven states without a job.

buy subscription | online help or call Carmen at 214.521.1300

www.MortgageDaily.com
home | subscribe | advertise | affiliate | search | login | archives | rss | market snapshot
fraud | employment | net branch | leads | brokers | wholesalers | lawsuits | nonprime | sales | rates

Biggest April Mortgage Industry News
view these headlines on web
Fraud Queen Found & Arrested
Half of the most notorious couple in mortgage lending has been caught.
read news story

www.MortgageMailings.com

Calif. Company Calls it Quits
A nonprime wholesale mortgage lender is shutting down.

Biggest Mortgage Lenders

Several of the biggest companies in the country own substantial mortgage operations. But the mortgage lender with the largest parent is on the verge of going it alone.

Investors Force Mortgage Co. Into Bankruptcy
A family that invested $4 million in a mortgage brokerage firm that finances nontraditional loans has forced the firm into bankruptcy amid allegations of a Ponzi scheme.

Unlicensed Broker Keeps On Originating
For the third time since last month, the Georgia Department of Banking and Finance has banned a mortgage broker from the business.

Pair Arrested for Stealing Titles
Police in California recently ended a six-month investigation with the arrest of the owners of two California mortgage companies. The men are accused of forging mortgage documents and notary seals to steal equity from homeowners.
read news story

$8 Mil Missing from Bankrupt Mortgage Firm
A former baseball star is at the center of a criminal investigation at a bankrupt Southern California mortgage brokerage that is missing $8 million.

Countrywide is Biggest
A preliminary analysis of earnings data by MortgageDaily.com indicates three lenders based on the West Coast were the biggest U.S. mortgage originators during the first quarter.

Branch Manager Monitored Bathroom
A branch manager for a Houston-based mortgage company was fired after a television monitor displaying the only employee bathroom was accidentally discovered in his office.
read news story

Read the full text of these articles and many more at: www.MortgageDaily.com

.................................................

Thanks,
Sam Garcia
Publisher
www.MortgageDaily.com
Mortgage Industry News


Mortgage Advertising
Reach mortgage brokers, mortgage executives and other people in mortgage lending at MortgageDaily.com -- a dominant online news source for the real estate finance industry. Mortgage ads available on specialty news sections, high-traffic pages and mortgage newsletters.
more about advertising | purchase ad online | ad analysis | media kit | e-mail or 214.521.1300

This email was sent by: %%Member_Busname%%
%%Member_Addr%% %%Member_City%%, %%Member_State%%, %%Member_PostalCode%%, %%Member_Country%%