AGP Executive Report
Last update: 6 hours agoMortgage Servicing Accountability: New Jersey and 46 other jurisdictions reached a $15.5M settlement with Newrez over improperly charging borrowers for force-placed insurance despite active homeowners coverage, after a multistate review found violations of federal rules; the servicer says it already remediated affected accounts and will pay additional costs and penalties. Food Safety & Retail: Walmart is recalling 3,240 Marketside Tomato Bisque soup kits in 29 states, including New Jersey, after testing flagged possible Listeria contamination; no illnesses were confirmed. Fraud & Enforcement: A Filipino fugitive tied to a $650M real estate investor fraud scheme has been added to the FBI Most Wanted list, with authorities saying the alleged Ponzi operation ensnared about 2,000 investors, including hundreds in New Jersey. Consumer Protection Watch: BBB Scam Tracker data shows Forked River logged one scam report in July, ranking it tied for 120th among NJ cities with at least one report. Local Business Growth: JRM Construction Management completed the relocation and consolidation of MJH Life Sciences headquarters in Monroe Township, delivering a 107,000 SF facility built for scaling operations.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.