Nationstar Mortgage LLC has announced that it is expanding its distributed retail mortgage market and will be opening eight branches in the Gulf Coast region. The initial branch openings will be concentrated in Alabama and Tennessee and will be headed by regional vice president, Tammy Turner, a well-known and respected mortgage executive within the local realtor and homebuilder communities.Read more
A Rainbow City, Ala. woman has pleaded guilty in federal court to charges of bank and mortgage fraud that totaled more than $500,000, U.S. Attorney Joyce White Vance and FBI Special Agent in Charge Patrick Maley announced. Roxanne Saunders Gilliland entered guilty pleas before U.S. District Judge C. Lynwood Smith Jr., to one count of making false statements on a mortgage loan application and three counts of bank fraud. She agreed to forfeit $577,796 to the government as proceeds of illegal activity.Read more