Have you ever heard the story about how a successful business was built without ever signing a single contract? I guarantee you it is true and happens almost as often as symbols race down the Wall Street ticker tape. It happens daily in the Mortgage Field Services Industry. Fat cat firms shoot over dozens of […]
It would seem that recidivist hack jobs at the CEO level are well compensated at both Mortgage Contracting Services (MCS) and JPMorgan Chase. Caroline Reaves, CEO of MCS is coming off of her third lipstick on the pig offering of MCS, on the heels of defaulting upon half a billion dollars in debt. Not sure […]
National Association of Mortgage Field Services (NAMFS) Executive Director Eric Miller appears to have believed that the Mortgage Field Services Industry is immune from COVID as best I can tell. The second day of the NAMFS #FraudFest is set to kick off on the 14th — a total of 4 days of being trapped in […]
After defaulting on nearly half a billion dollars in loans, Mortgage Contracting Services (MCS) has been sold — yet again. Caroline Reaves, the longtime CEO of MCS, is now, once again, at the helm of this Ship of Fools. I mean how many times can you run a company into the ground before investors call […]
Since 17 September 2019 — months before the first case of Covid-19 was reported in the United States — the New York Fed embarked on a massive emergency repo loan operation, which had reached $6 trillion cumulatively in loans by 06 January 2020, according to Wall Street on Parade. And that was just the beginning. […]
