Will Romspen File Bankruptcy In 2025?

Will Romspen file Bankruptcy in 2025? The Magic 8-Ball And Esmeralda The Psychic Predict Romspen Will File BK By The End Of The Year  Many individual investors are asking, “Will Romspen file bankruptcy in 2025?” Our analysis of their financials and the actions of executives says yes. It’s a foregone conclusion that they will after…

By Steve
4 min read

Romspen Lawyers Are Stuck In The Mud In Multiple Lawsuits

Romspen Lawyers At Bryan Cave Leighton Paisner Are Finding Themselves Getting Outwitted And Outsmarted In The Court Room It appears Romspen lawyers at Bryan Cave Leighton Paisner are having a hard time with their lawsuits. Several defendants have dug their heels in and decided to fight Romspen. In some cases, they have made it harder…

By Steve
6 min read

Romspen Financial Colonoscopy: Is It Really Going To Happen?

The Magic 8-Ball Says A Romspen Financial Colonoscopy Is On The Horizon And The Outlook For Romspen Is Not Good Things aren’t looking well for the Toronto-based lender right now. Romspen has found itself in a quagmire in several of their lawsuits. A defendant in one of the lawsuits says he plans on performing what…

By Steve
7 min read

The Deceptive Romspen Loan-To-Own Toxic Financing Scam

Commercial Borrowers Beware: The Deceptive Romspen Loan-To-Own Toxic Financing Scam That Could Cost You Everything  There has been a particular odd pattern in which Canadian commercial lender Romspen has been lending money in the past ten years. The reason this is particularly odd is that Romspen is lending against projects that don’t generate any revenue…

By Steve
7 min read

UWM Has Threatened A Broker Facebook Group With Legal Action

UWM Has Threatened A Broker Facebook Group Called “Rocket Pro TPO and UWM” With Legal Action Ramon Walker of Client Direct Mortgage created a Facebook group comparing Rocket Pro TPO with UWM. The Facebook group has re-ignited the feud between Rocket Mortgage owner Dan Gilbert and UWM CEO Mat Ishbia. Now, UWM has threatened the…

By Steve
4 min read

Average Mortgage Payments Have Risen 90% In 3 Years

Average Mortgage Payments Have Risen 90% In 3 Years. This Due To 20-Year High Interest Rates, Skyrocketing Values And Post Pandemic Inflation Real estate experts say average mortgage payments have risen 90% since December 2020. They’re telling potential homeowners to buy now because housing cost will continue to rise.  They attribute the increase of costs…

By Steve
2 min read

JPMorgan Client With Dementia Sues Bank For Stealing $50Million

JPMorgan Client With Dementia Sues The Bank For Stealing $50 Million From Him And Making Him Move In With Relatives A JPMorgan client with dementia has sued America’s biggest bank. The elderly client has accused the bank of pushing high risk investments despite his obvious signs of dementia. As a result, the dementia client is…

By Steve
5 min read

AARP Has Joined Class Action Lawsuit Against CeLink And RMF

AARP Has Joined The Lawsuit Against Reverse Mortgage Giants CeLink And Reverse Mortgage Funding (RMF) Over Illegal Fees The AARP Foundation has joined a proposed class action lawsuit against Celink and RMF. The two companies are the two prominent players in the reverse mortgage industry.  The lawsuit alleges that these companies added unlawful loan servicing…

By Steve
3 min read

Another Real Estate Class Action Lawsuit Has Been Filed

Lawyers Who Just Won The $1.8 Billion Lawsuit Against The NAR Have Filed Another Real Estate Class Action Lawsuit  The lawyers who just won the $1.8 billion lawsuit against the NAR over realtor commissions aren’t wasting anytime. They have filed a new real estate class action lawsuit. This time they are seeking class-action status covering…

By Steve
2 min read

Bank Branch Bloodbath: Major Banks Close Another 19 Locations

Bank Branch Bloodbath Continues As Bank of America And Chase To Close Another 15 Locations The bank branch bloodbath continues! Bank of America filed to close nine branches with the OCC last week. Chase filed to close six more. Citizens and Trustco are each closing a branch each. Patriot and US Bank also reported one…

By Steve
2 min read

Average Mortgage Payments Have Risen 90% In 3 Years

Average Mortgage Payments Have Risen 90% In 3 Years. This Due To 20-Year High Interest Rates, Skyrocketing Values And Post Pandemic Inflation Real estate experts say average mortgage payments have risen 90% since December 2020. They’re telling potential homeowners to buy now because housing cost will continue to rise.  They attribute the increase of costs…

By Steve
2 min read

JPMorgan Client With Dementia Sues Bank For Stealing $50Million

JPMorgan Client With Dementia Sues The Bank For Stealing $50 Million From Him And Making Him Move In With Relatives A JPMorgan client with dementia has sued America’s biggest bank. The elderly client has accused the bank of pushing high risk investments despite his obvious signs of dementia. As a result, the dementia client is…

By Steve
5 min read

AARP Has Joined Class Action Lawsuit Against CeLink And RMF

AARP Has Joined The Lawsuit Against Reverse Mortgage Giants CeLink And Reverse Mortgage Funding (RMF) Over Illegal Fees The AARP Foundation has joined a proposed class action lawsuit against Celink and RMF. The two companies are the two prominent players in the reverse mortgage industry.  The lawsuit alleges that these companies added unlawful loan servicing…

By Steve
3 min read

Another Real Estate Class Action Lawsuit Has Been Filed

Lawyers Who Just Won The $1.8 Billion Lawsuit Against The NAR Have Filed Another Real Estate Class Action Lawsuit  The lawyers who just won the $1.8 billion lawsuit against the NAR over realtor commissions aren’t wasting anytime. They have filed a new real estate class action lawsuit. This time they are seeking class-action status covering…

By Steve
2 min read

Bank Branch Bloodbath: Major Banks Close Another 19 Locations

Bank Branch Bloodbath Continues As Bank of America And Chase To Close Another 15 Locations The bank branch bloodbath continues! Bank of America filed to close nine branches with the OCC last week. Chase filed to close six more. Citizens and Trustco are each closing a branch each. Patriot and US Bank also reported one…

By Steve
2 min read