Articles Tagged with ''Florida''

Sen. Marco Rubio faced foreclosure; sold house for $18,000 loss

New York Times takes a deep dive into presidential candidate’s finances
Florida Sen. Marco Rubio faced foreclosure on a home he owned in Tallahassee after failing to make his mortgage payment for five months, according to a new report from the New York Times, which did a deep dive into the presidential candidate’s finances.
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CFPB secures $27.7 million judgment against foreclosure relief scammers

Problem is, the scammers have only $655,737
The Consumer Financial Protection Bureau and the State of Florida announced Friday that a federal judge granted final judgment against a Florida law firm and its associated companies, requiring the companies to pay $27.7 million for their part in a massive foreclosure relief scam that defrauded approximately 2,000 consumers.
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ditech expands its consumer direct channel in Florida

Plans to hire more loan specialists
Since Ditech Mortgage Corp launched back into the industry in March 2014, it has made several key changes to once again be a major player in the mortgage space. This time around the lender announced it is expanding its consumer direct channel into the Jacksonville, Florida, area.
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Inlanta Mortgage expands in Florida, Illinois

Continues to grow its mortgage operations
Inlanta Mortgage continues to grow, adding new branches in Florida and Illinois. This is the latest is a series of growth initiatives from the lender. Back in September 2014, Inlanta announced a new office in Minneapolis, and in April 2014, it announced the promotion of two executive positions.
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North Miami mayor found guilty of mortgage fraud

Marie Lucie Tondreau now faces up to 30 years in prison
Marie Lucie Tondreau, the mayor of North Miami, Florida, was found guilty of mortgage fraud, stemming from her part in a scheme that defrauded lenders to the tune of $8 million. Prosecutors said she used her fame to recruit straw buyers.
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