Chris Frankie

Chris Frankie

Small Business Loan Scrutiny Falls on Rocket Loans

Rocket Loans has come under the microscope after the Rocket Cos. unit did work for a consulting firm that garnered almost $800 million in fees for the job from the Small Business Administration. So reports Dow Jones Newswires.

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Ex-Taylor Bean Boss Can’t Overturn Fraud Conviction: Court

In the latest aftershock from the 2008 financial crisis, former Taylor, Bean & Whitaker chairman Lee Farkas’ bid to have his fraud conviction overturned was denied by a federal appeals court. That’s according to multiple reports.

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Ask The Expert: Are Appraisals Coming in Low?

Sam from Washington wrote to me, saying "I just had a refinance blow up because the appraisal came in low. This was a surprise and I was counting on this closing this month and now I am not sure it will happen at all. Are you hearing about a lot of appraisals coming in low? 

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