Since the mortgage crisis, banks have paid over $243 Billion in penalties and fines. That’s Billion with a “B”. Most of these fines were assessed for misleading investors about their shady lending practices. JP Morgan Chase paid $13B for overstating the quality of bad mortgages. This practice played a crucial role in helping to inflate the housing bubble and worsen the financial crisis. Less than 4% of that Chase penalty actually went back to help distressed homeowners . “Bank of America & JP Morgan Chase have paid over $120 billion in fines for misleading customers” The most recent data from the Q3 OCC Mortgage Metrics Report stated that, 1.1% of mortgage modifications include debt forgiveness, which is..
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I am the Founder and President of Eureka Realty. I innovated and created the “7D” Lead Generation Theory that allows my clients to identify and acquire high profit residential real estate that is more difficult to find in today’s market. I am a result oriented strategic sales and marketing professional with proven results in income generation, financial analysis and problem solving. I am committed to helping you generate and preserve wealth by participation in the dream of home ownership. My goal is accomplished by providing sound real estate advice and offering access to quality & creative housing programs.