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
From dream home to hellhole
By Russell Grantham, Atlanta Journal-Constitution Alexis Preston and her mother were thrilled last year when they found a home in Atlanta’s West End neighborhood large enough for their extended family of 13. They agreed to a lease-to-own deal to rent the neatly painted 12-bedroom... [Read more...]
Two men arrested in rental of foreclosed Port St. Lucie home to family
PORT ST. LUCIE — Two men each face a grand theft charge after police linked them to a scheme in which a home was rented to a family without the homeowners’ knowledge, according to recently obtained records and a detective. Robbie Jay Hughes, 36, and 46-year-old Issiac Rivers... [Read more...]
Mortgage Alerts
Loan Officer at Hackensack firm pleads guilty in mortgage fraud scheme
BY PETER J. SAMPSON, NorthJersey.com NEWARK – A former loan officer at a Hackensack real estate firm is facing prison time after admitting she devised a scheme to fraudulently obtain $495,000 in mortgage loans in the name of an unsuspecting co-worker, authorities said. Monica... [Read more...]
Miami judge grants reverse foreclosure
Paul Brinkman, South Florida Business Journal Attorneys for the Keys Gate Homeowners Association in Homestead have won a legal victory in a case that could set a precedent for banks that drag their feet in taking title to homes facing foreclosure. The Association Law Group of... [Read more...]
Mortgage Law
Court records show Florida foreclosures increasing; Palm Beach County levelling off
Kimberly Miller, Palm Beach Post Florida’s courts tackled 398,825 foreclosure cases in 2009, an 8 percent increase over the previous year and a glut that led to a new statewide mediation rule aimed at reducing the overload. Palm Beach County’s foreclosure court cases... [Read more...]
Bankers Want To Strip Away Florida Homeowners’ Rights to Judicial Foreclosures Claiming Homeowners Caused Foreclosure Mess
James Thorner, St. Petersburg Times If bankers get their way, Floridians facing foreclosure could be kicked out of their homes in as little as three months. The Florida Bankers Association, the 400-member-strong lenders’ lobby, has presented state legislators with a bill... [Read more...]
Mortgage Information
America’s Least Trusted Banks
Huffington Post According to a new report out this week, customers are much less likely to trust big banks than credit unions and regional banks. In its annual customer advocacy rankings, Forrester Research, the Cambridge-based research firm, asked 4,500 customers at 50 banks... [Read more...]
German Tax Cheat To Get $10 MILLION In Damages From Bank
AP/Huffington Post Schulte was among hundreds of German citizens exposed as tax cheats when German authorities obtained a CD-ROM containing the names of LGT Treuhand clients more than two years ago. He was convicted of tax evasion in 2008 by a German court. The ruling was keenly... [Read more...]






