Review Mortgage Lenders

American Mortgage Corporation

New American Mortgage Merger Announcement on March Mar 17, 2011

Charlotte Chamber President Bob Morgan along with former NFL player Casey Crawford announce the merger of Charlotte companies New American ...

CFPB's Mulvaney set to drop PHH case

PHH chose last month not to file a petition to appeal an earlier ruling on constitutional grounds to the Supreme Court.

Mulvaney had sent a list of questions on May 11 to both sides in the case, asking for recommendations on how to proceed, an unusual step that indicated he was laying the groundwork for a dismissal.

In the two-paragraph legal filing, Donoghue stated that Mulvaney's questions about the case "are now moot."

PHH, of Mount Laurel, N.J. , notched a huge victory in January when the U.S. Court of Appeals for the D.C. Circuit threw out a $109 million fine over allegations of alleged kickbacks, and remanded part of the case back to the CFPB.

But the appeals court also handed a major win to the consumer agency by ruling that the creation of the agency's single-director structure, through the Dodd-Frank Act, was constitutional.

Republicans have long claimed that the penalty imposed against PHH by former CFPB Director Richard Cordray was a sign of overreach given that an administrative law judge in late 2014 initially suggested a fine of $6 million.

American International Holdings Corp. Announces Change in Business Focus, Directors and Officers

HOUSTON, June 06, 2018 (GLOBE NEWSWIRE) -- American International Holdings Corp. (AMIH), today announced that its business focus is changing to generating leads for clients in a pay for performance model. The company plans to operate in the Education, Insurance, Mortgage, and Home Services sectors.

The company also announced a change in its directors and officers to – Directors, Robert Holden, Everett Bassie and Charles R. Zeller and Officers – Robert Holden as the President and Chief Executive Officer and Everett Bassie, Chief Financial Officer, Secretary and Treasurer.

As part of the appointments described above and certain other transactions, a significant number of shares of common stock of the company were issued, resulting in a change of control of the company.

Information regarding Mr. Holden and Mr. Bassie, the change of control and certain other recent company events can be found in the Form 8-K filed by the company with the Securities and Exchange Commission on the date hereof.

How much longer will our government allow American corporations to outsource American jobs oversea?

We all know the underlining cause of this economic depression is job outsourcing. It is not because of the war in Iraq & Afghanistan. It is not because of the mortgage crisis.

You have bad information. The cause of the current economic recession was the mortgage crisis! The cause of the mortgage crisis was government over and/or mis-management which was written and protected by Democrats for decades.

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