Help for Homeowners

Mortgage Compliance

Contact MFI-Miami for help. MFI-Miami is an independent compliance company created by the need to determine if a homeowner was a victim of fraudulent mortgage practices. We review loan documents from the origination and servicing phases of a mortgage. While doing so, we determine... [Read more...]

Mortgage Fraud News

WaMu reaches settlement with JPMorgan, FDIC

Randall Chase, Huffington Post Washington Mutual Inc. has tentatively resolved disputes with JPMorgan Chase & Co. and the Federal Deposit Insurance Corp. over some $4 billion at issue in the bank holding company’s Chapter 11 bankruptcy, a WaMu attorney said Friday. The... [Read more...]

March 12, 2010 | Leave a Comment

SEC Asks Congress To Regulate Credit Default Swaps Happening ‘In The Dark’

The government’s top securities regulator called Thursday for Congress to impose new oversight on financial derivatives, warning that allowing risky instruments like credit default swaps to continue unfettered could bring further economic damage. The chairman of the... [Read more...]

March 12, 2010 | Leave a Comment


Mortgage Alerts

War On 2 Fronts: Soldier Fights For Country While Fighting Foreclosure From Wells Fargo

Sam Ali, Luke Visconti and Barbara Frankel, DiversityInc.com William Diaz of the 462nd Transportation Battalion feels like he’s fighting a war on two fronts. In April, the 39-year-old U.S. Army Reserve corporal is being deployed to Kuwait for a year-long tour. But for the past... [Read more...]

February 28, 2010 | Leave a Comment

Miami-Dade foreclosure auction site baffles bargain hunters

By TOLUSE OLORUNNIPA, Miami Herald A new online foreclosure auction system started with a mission of quickly moving a chunk of foreclosed properties while opening up the bidding process to regular folks. A little more than a month later, some of the newcomers who bought property... [Read more...]

February 19, 2010 | Leave a Comment


Mortgage Law

Here Is a Copy of the Court Examiner’s Report On Lehman Brothers

By Michael Corkery The report totals 2,200 pages. The table of contents alone is 45 pages. It is long, but Judge James M. Peck of the U.S. Bankruptcy Court in Manhattan said the recently released report on the causes for the Lehman Brothers Holdings bankruptcy reads like... [Read more...]

March 11, 2010 | Leave a Comment

Homeowners claim One West prefers FDIC bailout over house payments

George Warren, News 10 Sacramento A couple facing foreclosure from OneWest Bank has joined the growing number of homeowners, attorneys and real estate professionals who believe the bank would rather foreclose than modify a loan. “It comes down to money and greed.  All... [Read more...]

March 11, 2010 | Leave a Comment


Mortgage Information

Housing defaults soar in Palm Beach County, Treasure Coast

Jeff Ostrowski, Palm Beach Post Foreclosure activity skyrocketed in Palm Beach County and the Treasure Coast in February, fanning fears that the housing market still faces strong headwinds. About 4,490 homes in Palm Beach County received a foreclosure filing during the month,... [Read more...]

March 11, 2010 | Leave a Comment

Way Too Big to Save

Simon Johnson, Huffington Post Listening to US officials, talking to legal experts, and waiting for an intense Senate debate on financial reform to begin, you can easily form the impression that “too big to fail” adequately describes our most serious future systemic... [Read more...]

March 9, 2010 | Leave a Comment