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Tagged: First Guaranty Mortgage Corporation

Suzy Lindblom Appointed COO Of Sierra Pacific Mortgage

Lindblom says she "found home" with Sierra Pacific Mortgage via a LinkedIn post

People On The Move
Dec 11, 2024
FGMC Layoff Lawsuit Granted Class Action Status

A Delaware bankruptcy court judge certified the class, which includes 425 former employees.

Courts
Jan 17, 2023
Fannie Mae: FGMC Taking 'License' With Asset Sale

GSE says defunct mortgage lender trying to sell servicer/seller license that doesn't exist.

Regulation and Compliance
Industry News
Oct 25, 2022
Non-QM Lenders Could See Financial Squeeze. And How Lenders Can Find New Customers.
Industry News
Jul 13, 2022
The Interest
Helping Vets Buy Homes. And FGMC Gets Some Money
Industry News
Jul 05, 2022
The Interest
Bankruptcy Court Judge OKs Financing For FGMC

Financing package will allow FGMC to continue to fund loans in its pipeline.

Industry News
Jul 05, 2022
Lenders Complain FGMC Is 'Radio Silent' On Loans

Company said it would stop purchasing new loans in the wake of its mass layoff last week; seeking court-approved financing.

Industry News
Jun 30, 2022
FGMC Files For Bankruptcy. And Will People Move Over Politics?
Industry News
Jun 30, 2022
The Interest
FGMC Files For Chapter 11 Bankruptcy Protection

FGMC notified laid-off 471 employees late Tuesday night that it would pay severance.

Industry News
Jun 30, 2022
FGMC Paying Severance To Ex-Employees

Late-night email tells laid-off workers they'll receive one week of pay for each year of service.

Industry News
Jun 29, 2022
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