Housing Wire

JULY 22, 2022

FGMC) filed for Chapter 11 bankruptcy protection at the end of June — leaving four warehouse lenders on the hook for more than $415 million. Just weeks later, a leaked text message from Flagstar Bank provided an inside look at how dire the current climate is for many non-QM lenders. Non-QM lender First Guaranty Mortgage Corp.

Lending 372

Lending Banks Bankruptcy Loans 372

Toronto Realty Blog

JANUARY 5, 2023

Call that a “change in technology,” if you will, comparing 1986 to 2022, but the Christmas Boxes were a success! Foregoing Christmas gifts is a great way to save a thousand bucks or more, and I’d rather spend that on the kids, or bank it. Filing for bankruptcy? And if I didn’t, I’d just buy it.

Banks 80

Banks Mortgages Bankruptcy As-is 80

Notorious ROB

DECEMBER 19, 2022

The top portal in real estate with a fledgling mortgage operation versus the Masters of the Universe, Too Big to Fail banks and all their friends. It still boasts having 28,960 agents, and over 13,000 of them are “Principal Agents” — top producers and team leaders that everybody else wants. I say it happens in 2023.

MLS 79

MLS Agents Pre-approval Brokerage 79