Today is the fourth month anniversary of when I started MFI-Miami. I have to admit it’s been pretty exciting. I’ve been energized and amazed by all the excitement surrounding what MFI-Miami is all about and the positive feedback I’ve been getting from MFI-Miami clients. I had to have the website redesigned back around Labor Day because the old one was inadequate for the amount of information coming in. Because of all these exciting things going on at MFI-Miami, I haven’t had time to post anything as “MFI News”.
So here’s a rundown of what has been happening over the past several months other than investigating mortgage fraud and doing mortgage loan audits.
I’ll be exposing a Real Estate Broker in Fort Lauderdale who conned people into buying investment properties by making them believe they were buying a money maker and promising a $70,000+ return on their investment. This should be worth keeping an eye on.
I have several clients who are now on their way to filing federal lawsuits against their lenders based on my findings. I have several clients whose mortgages will be totally rescinded because the correspondent lender or broker was not properly licensed to in the state of Florida. I helped one client get her foreclosure canceled by Bear Stearns. That was pretty cool! When I finish the audit, she’ll be able to put quite a few people on the hot seat including Quicken Loans. Its stories like these that make it worth working 12-16 hours a day doing fraud investigating and loan audits.
I’ve also been making plans to expand MFI-Miami into Detroit and Boston. The media blitz will be starting in the next few weeks with press kits going out to over 200 journalists throughout Florida, Massachusetts and Michigan. I may hold off until after the November election so MFI-Miami doesn’t get lost in the news cycle.
I also have plans to write several articles for the site on how the FBI’s Financial Fraud section is understaffed and overwhelmed. Apparently, FBI Director Robert Mueller has been pressing President Bush and the DOJ for more money since 2003. I have also been doing research for another article about how the mortgage crisis is affecting our national security and it’s not about borrowing money from China. It should be an interesting article.
So as you can see it’s been a very busy and exciting four months.
Well, I need to get back to work. I hope everyone has a good week!
Steve Dibert
