Brooks Kelly and Jason Harris sued Direct Mortgage and CEO Jim Beech on Feb. 20 in Utah federal court. The complaint alleges fraud, wage and overtime violations, unpaid commissions and bonuses, and ...
While two employees say they were never repaid for a $200,000 loan to the struggling lender, the CEO says the pair broke their promise to cover business losses.
Another company in the mortgage industry is reeling from a cybersecurity incident. Nevada-based Nations Direct Mortgage, a wholesale lender that sells to Fannie Mae, Freddie Mac and Ginnie Mae, ...
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