WestStar Mortgage

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J.G. Wentworth accused of financial foul play in WestStar Mortgage acquisition

Jan 12, 2017By

Back in 2015, The J.G. Wentworth Company, which rose to fame with the “It’s my money and I want it now” advertising campaign, surprised many in the mortgage business by becoming a mortgage company itself. J.G. Wentworth accomplished this transition by acquiring WestStar Mortgage. Now, the former owner of WestStar Mortgage is claiming that J.G. Wentworth misrepresented the state of the company’s financials and pushed for an accelerated closing, which was finalized just before J.G. Wentworth’s stock crashed.

3d rendering of a row of luxury townhouses along a street

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