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Jim Hodge and Allied Home Mortgage left a bad taste in the mouths of many Allied employees and homeowners too. Neither Hodge nor his mortgage company are strangers to controversy. The two have faced countless lawsuits by lenders, wage claims, arbitration claims by former branch managers, and enforcement actions by at least 9 states.
Two days ago, Vox reported that Venezuela is “a dictatorship on the verge of collapse.” Nightly news images show food riots in the streets. CNN Money reports that in 2013, $20 was equal to 629 Bolivars. As of last month, it now takes 196,000 bolivars to equal $20. Think about that, a loaf of bread that costs $3 in 2013 would cost $935 today… if you could even find a store with ...
A federal judge in Missouri gave a green light to a lawsuit filed by customers and potential customers of Costco. The judge ruled that the recipients of junk faxes from Costco could proceed on their claims as a class action. The ruling is a big victory for victims of junk faxes and robo telemarketing calls.
According to the Inspector General of the U.S. Department of Health and Human Services, Medicare paid out in 2012 and 2013 approximately $1.4 billion for chiropractic services. Based on prior 2006 audit, the government decided to revisit chiropractic care to see if these services were being properly billed.
The title of this page says it all – “Ocwen Fraud.” Never have we encountered a mortgage loan servicer with so many problems. Problems that can only be described as fraud. We have spoken with dozens of homeowners as well as a few present and former Ocwen workers. The company is a failure and needs to be held accountable. Immediately.
Inspectors from the U.S. Food and Drug Administration (FDA) have a tough and thankless job. They are the unsung heroes that make sure the food we eat and the drugs we take are safe. Tens of millions of Americans take prescription or over the counter healthcare products daily. When we open our medicine cabinets in the morning, most of us take for granted that the drugs we take a ...
Dan Gilbert is a household name in Detroit. He has poured millions of dollars into the Motor City in the hopes that it can once again be a vibrant city. How he got the money to fund his ambitious redevelopment plan and how he operates the mortgage company he founded is a different story. The government claims his company, Quicken Loans, bullied appraisers and underwriters to fu ...
Two big banks were closed by regulators in recent days. Yesterday saw Guaranty Bank (BestBank in some states) shut down by the federal Office of the Comptroller of the Currency. Just days before that, however, an even bigger bank was shut down, First NBC Bank. Based in New Orleans, the bank had $5 billion in assets on its books.
Another bank closed its doors today. Guaranty Bank, based in Glendale, Wisconsin, is no more. At precisely 5:00 pm, regulators closed the bank. With 119 branches in 5 states, only 12 will reopen in the morning. The rest are gone for good. Guaranty Bank’s woes began shortly after the real estate market crashed in 2008. Within a year of the crash, the bank was hurting.
Ocwen was one of the largest mortgage servicers in the United States. Millions of homeowners mail their mortgage payments to the company each month. If you are simply mailing in your payment and are never a day late, chances are won’t encounter a problem. Request a modification, try to make a pre-payment, or have an issue with escrows and you likely fall into a black hole.
Oil exploration and production is a dirty business in more ways than one. Much of the world’s oil and gas reserves are in countries that have notorious reputations for corruption. Everything is for sale including faster permitting. Want a jump on your competition? For a few million bucks its yours. Paying bribes to foreign officials is illegal in most countries.
How will Trump’s ‘Buy American, Hire American’ executive order impact construction? by Kim Slowey | Link to original source (95K) In the latest of a series of executive orders signed since his inauguration, President Donald Trump has again chosen that method as a way to affect policy in the U.S.
Plante Moran is one the largest accounting firms in the U.S. Ranking at number 14, the firm is widely known throughout the Midwest. Its headquarters is in Southfield, Michigan. When you employ over 2000 people, someone is bound to make a mistake. In an accounting malpractice case called “modern day grave robbery”, Plante Moran was sued for failing to detect a $60 million theft during an audit.
United Airlines is best today known for its poor customer service, inhumane treatment of overbooked passengers and destroying checked bags. A series of bad press and YouTube videos has finally got Congress interested in how the airline conducts its commercial passenger operations. As we reported earlier, however, United Airlines gets much of its money from Uncle Sam. That means our tax dollars.
Five Lessons From United Airlines About Handling A Customer Experience Gone Bad by Stan Phelps | Link to original source (88K) Unless you live under a rock, you are most likely aware of United Airlines most recent misstep. A passenger who had boarded a plane was involuntarily bumped, asked to leave his seat and then was forcibly removed. Refer to a CNN report on Flight #3411.
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