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777 Partners accused of fraud in US lawsuit

In the latest in a seemingly never-ending series of negative headlines swirling around Everton s prospective new owners, 777 Partners are being sued for fraud in a New York court by a pair of London-based asset management companies.

FHA, 1st Time Homebuyer, Servicing, Automation, Fair Lending Tools; List of Top 100 Lenders of 2023

When this commentary gig gets old, I think I’ll take up… throwing needles? But so far so good, putting this out six days a week. Yesterday I glanced at the calendar, and we’re 10 percent of the way through 2024 already! Still raining here in Northern California, and the flooding has caused a lot of concern in the mortgage industry, especially among companies servicing loans on any houses that are damaged, as well as owners of MBS with loans in them on any potentially damaged homes. At least the days are seeing more sunlight in the Northern Hemisphere. Daylight Savings kicks in on Sunday, March 10, just a little over a month away, and goes on until November. (Hawai’i, American Samoa, Guam, Puerto Rico, the U.S. Virgin Islands, and most of Arizona blow off this clock changing stuff.) Today’s Commentary podcast can be found here and this week’s is sponsored by Vesta, the new, modern Loan Origination System (LOS) which helps lenders reduce their co

777 Partners hit with another US lawsuit

777 Partners, the investment firm awaiting regulatory approval of their prospective takeover of Everton FC, are in yet more legal jeopardy with the news that a California-based institution have filed a $30m lawsuit against them.

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