Upscale Restaurateur Admits Serving Bad Mortgage Docs

The former owner and operator of a restaurant known for fine French food has pleaded guilty to one count of wire fraud over a multi-year scam affecting the business’ customers, lenders, mortgagee and bankruptcy creditors. So reports the Somers, N.Y. Daily Voice.

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Bill Bodnar of MMG: Navigating Muddy Waters

[vc_row][vc_column][vc_column_text]Bill Bodnar of the Mortgage Market Guide discusses the impact of the coronavirus, money feeling into safe havens, an amazing jobs report, The Fed’s unexpected cut and a nearly certain upcoming cut, and, of course, a crazy week of market volatility. With all that going on, he said its important to remind clients that while we will continue to see uncertainty, we know coronavirus outbreak will eventually end.[/vc_column_text][/vc_column][/vc_row]

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Cloud-Based Fintech Thought Machine Raises $83M

Thought Machine, a startup offering a cloud-based consumer banking platform, has raised $83 million in Series B funding. So reports TechCrunch.

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Lawyer for Live Well CEO Touts 'David Vs. Goliath' Case

Ben Dusing, the Kentucky-based attorney for Michael Hild, the former Live Well Financial CEO accused of a $140 million bond fraud scam, is billing the case as “David versus Goliath.” He says of himself: “There are advantages to being an outsider.” So reports WCPO, a local affiliate of ABC.

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