Tag: mortgage lender layoffs

The Majestic Home Loan Legacy Issue That Caused It’s Collapse

The Majestic Home Loan Legacy Issue That Caused It’s Collapse Was Due To Late Owner’s Inexperienced Son When Majestic Home Loan has abruptly closed last month the company was pretty tight lipped about the cause. All the company said was it was a legacy issue. What was the mysterious and unspoken Majestic Home Loan legacy…

Majestic Home Loan Abruptly Shuts Down

California Based Wholesale Lender Majestic Home Loan Reportedly Shut Their Doors On January 31st. Posts on social media say RMK Financial who does business as Majestic Home Loan has abruptly closed. Former AEs say the wholesale mortgage lender had to close their business due to a legacy issue. Another former AE posted a similar comment…

Lender Implode 2.0

Lender Implode 2.0 – The Latest List Of Lender Implosions And Layoffs. This List Is Updated Daily! Lender Implode 2.0 tracks the mortgage lenders who have imploded or are showing the signs of imploding. The list also contains the companies that have had mass layoffs or imploded into bankruptcy. The list will be updated as…

By Steve
2 min read