Thursday, January 12, 2017

J.G. Wentworth accused of financial foul play in WestStar #mortgage acquisition

J.G. Wentworth accused of financial foul play in WestStar #mortgage acquisition: Back in 2015, The J.G. Wentworth Company, which rose to fame with the “It’s my money and I want it now” advertising campaign, surprised many in the #mortgage business by becoming a #mortgage company itself. J.G. Wentworth accomplished this transition by acquiring WestStar #mortgage. Now, the former owner of WestStar #mortgage is claiming that J.G. Wentworth misrepresented the state of the company’s financials and pushed for an accelerated closing, which was finalized just before J.G. Wentworth’s stock crashed. http://www.housingwire.com/articles/38938-jg-wentworth-accused-of-financial-foul-play-in-weststar-mortgage-acquisition ❤️ #share #mortgage



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