CFPB secures $27.7 million judgment against foreclosure relief scammers

The next president needs to speak up about housing right now

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CFPB, DOJ take action against Provident Funding for discriminatory lending

Could pay $9 million in damages
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Items Tagged with 'Wingspan Portfolio Advisors'

ARTICLES

Wingspan lays off 100 more employees in Monroe

Are all 400 former JPMorgan Chase employees now gone?
Ben Lane
In October, Wingspan Portfolio Advisors laid off hundreds of employees in its Monroe, Louisiana location, leaving only an estimated 100 employees at the former JPMorgan Chase call center. Now those employees will soon be gone, too.
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John Guy joins Clayton Holdings as senior managing director

Will oversee business development
Ben Lane
Clayton Holdings, a provider of loan due diligence, surveillance, REO management and consulting services to the mortgage industry, announced the addition of John Guy as the company’s new senior managing director of business development.
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It’s official: Steve Horne out as Wingspan CEO

Jason Spooner takes over; Horne becomes senior advisor
Ben Lane
Despite repeated denials to HousingWire, Wingspan has made the news of Steve Horne's exit as president and CEO official, and named Jason Spooner, Wingspan’s executive vice president of national operations, as the company’s new president. According to Wingspan, Horne has been moved to a senior advisor position.
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Dimont & Associates terminates Wingspan relationship

Returns to independent operations
Ben Lane
Dimont & Associates, which was acquired by Wingspan Portfolio Advisors in May 2013, announced Thursday that it terminated its relationship with Wingspan, as a result of "recapitalization by existing institutional investors including THL Credit."
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MBA Hall of Honor gives back to military veterans

Financial services companies benefit veterans and their families
Sarah Wheeler
The MBA conference offers a variety of interesting, smart and funny (Michael Lewis!) speakers, but my favorite presentation so far has been the Hall of Honors, where the MBA recognizes companies in our industry who give assistance to military veterans and their families.
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Looming layoffs at Bank of America signal shift in mortgage servicing

Impact already being felt throughout industry
Ben Lane
The impact of Bank of America's $16.65 billion settlement is beginning to be seen in the mortgage industry. The settlement will affect more than just the bank, the aggrieved homeowners and the government. It isn’t just the big banks that feel the pain of these settlements. It affects everyone.
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Sources: Wingspan CEO and founder Steve Horne ousted

Founded company in 2008
Ben Lane
Several sources have confirmed to HousingWire that Horne was removed from his position two weeks ago and failed in his recent efforts to be reinstated by the company he founded.
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Wingspan furloughs Florida employees

Company admits it's just part of the mortgage servicing business
Ben Lane
Sources tell HousingWire that Wingspan also laid off dozens of employees at its Melbourne, Florida location last week. As with the Monroe layoffs, the Melbourne employees were reportedly told they were being “furloughed” by the company and could potentially be rehired if Wingspan acquires more business.
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Wingspan lays off employees at Monroe call center

Workforce was once 400, now less than 100
Ben Lane
The Monroe News-Star reports that it spoke to five people who were laid off last week by Wingspan. They told the News-Star that Wingspan told them they were “furloughed” and could potentially be rehired if the company secures more business.
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Wingspan looks to grow in Florida

Hiring for numerous positions
Brena Swanson
Wingspan Portfolio Advisors is looking to significantly expand its offices in Melbourne, Florida, hiring for a variety of mortgage-related positions.
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