Steve Dibert, President

Steve Dibert began his mortgage career in 1998 working as a loan officer of a multistate mortgage broker.  Three years later, he began operating branches for several mortgage brokers and correspondent lenders in Detroit and Northern Michigan.

In late 2006, he relocated to West Palm Beach, Florida where he began securing financing for small businesses and multi-million dollar financing for projects in India and Central America.

In June of 2008, after being asked repeatedly by friends and relatives and their friends to review their mortgage documents for any illegal activity committed by their lender, Steve formed MFI-Miami.

Since its inception, MFI-Miami has become an internationally recognized leader for investigating mortgage fraud, mortgage compliance, predatory lending, mortgage securitization, assignment fraud and robo-signing. Through our offices in West Palm Beach, Florida and Milford, Michigan, MFI-Miami now covers 20 states and it assists clients in Canada, Germany, Great Britain and the United States.

Steve has been interviewed multiple times by Diana Olick of CNBC, ABC News, MLive, Michigan Messenger and The Huffington Post.   He has also contributed to news reports by Al-Jazeera, Der Spiegel, Financial Times-Deutschland, Handelsblatt, Reuters, Korean Broadcasting and NHK in Japan.

An investigation that was done by my company was also featured in a BBC documentary about the “Ghetto Loans” Crisis in Baltimore.

Steve has been profiled in the Boston Herald, The Miami Daily Business Review, The Miami Herald, National Mortgage News, Mortgage Servicing News and on the website The Real Deal. Last year, he was quoted in the German financial magazine, Capital and Der Spiegel about MFI-Miami’s ongoing investigation involving Deutsche Bank and the current foreclosure crisis in the US.

Feel free to contact Steve Dibert at:

888.737.6344 Ext. 701

Steve@mfi-miami.com

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My List Of The Best Journalists Covering Finance And Mortgages

I get emails from clients and people who read my site asking me what I read while drinking my morning coffee.  So here’s a list of the people I like to read during the 4 hours I spend every morning reading websites and news from around the globe.

International:

Felix Salmon, Reuters

The cool thing about Felix Salmon is that unlike most British journalists, he doesn’t write with a smug elitist attitude that most British journalists have especially toward Americans.  He actually understands what is going on with the financial crisis and could probably explain it to a Kindergartener.  He also has sympathy for the little guy and has great respect for the American people.  His video about asset backed securities is priceless.

National:

Gretchen Morgenson, NY Times

This goes without saying that she is one of the best journalists covering the financial crisis.  She’s straight to the point and doesn’t try to pad her articles with a lot fluff to impress her editors.

Abigail Field, AOL Daily Finance

I discovered Abigail Field’s columns about 5 months ago and think her articles are dynamite.  She comes from a consumer law background and you can see it in her writing about the financial crisis.  She not only understands what caused the crisis but is passionate about the people it affects.

Nick Timiraos, Wall Street Journal

I have been following Nick Timiraos since I started MFI-Miami in 2008.  What amazes me about Nick Timiraos is not only does he seem to get the scoop, he seems to be right.  For a young guy, he comes off like a very old school journalist which makes him one of the best.

Richard Zombeck, Huffington Post & Shame the Banks

Unlike other people who write about the financial and mortgage crisis, Richard Zombeck writes with the experience of someone who has had to deal with the Kafkaesque customer service that is offered by mortgage servicers and lenders.  He is one of the few foreclosure activists that understands what is going on and how the system works.

Sam Antar, WhiteCollarFraud.com

Sam Antar knows white collar fraud probably as well as Bernie Madoff.  He should.  Up until Bernie Madoff got busted, he and members of his family ran the largest Ponzi scheme in US history.

Martin Andelman, Niche Report & ML-Implode

Martin Andelman has a background in technical writing for finance and medical companies.  His assignments involved taking complex financial and medical information and simplifying it for the average consumer and this comes out in his writing style.  This coupled with his, “Oh, come on!” attitude makes his articles worth the read.

Florida:

Shanon Behnken, Tampa Tribune & Todd Ruger, Sarasota Herald Tribune

These two journalists understand the jungle law that seems to be the law of land in the foreclosure courts on the gulf coast of Florida.  Both of them are not afraid to call out judges and law firms who seem to be getting it wrong.

Kimberly Miller, Palm Beach Post

No one knows the foreclosure scene in Palm Beach County better than Kimberly Miller.  She and Frank Cerabino are the only reasons to read a paper that has become a local version of People magazine.

Harriet Brackey, South Florida Sun-Sentinel

Harriet Brackey is probably one of the most informative journalists at the Sun-Sentinel since McNelly Torres left eighteen months ago.  She normally writes about general consumer issues but when she writes about foreclosures or mortgage lending her articles tend to be excellent.

McNelly Torres, FCIR

McNelly Torres used to be an investigative reporter at the Sun-Sentinel and due to the decline of the newspaper industry, she was let go.  She later joined a handful of other unemployed investigative journalists to form the Florida Center for Investigative Reporting.  They’re reporting make Bob Woodward look like an amateur.

Paola Iuspa-Abbott, Miami Daily Business Review

The cool thing about Paola Iuspa-Abbott is she understands trends in Florida real estate and is usually the first to report on something and she usually does it a good 3-6 months ahead of her competition.  She also does her homework and usually writes things from an angle most journalists wouldn’t normally look at.

Massachusetts:

Jerry Kronenberg & Thomas Grillo, Boston Herald

I was introduced to these guys about two years ago when I started doing mortgage investigating in Massachusetts.  They get how the abuses by the banks affect homeowners in the Bay State.

Other websites I read:

Broken Credit

Huffington Post

ML-Implode

Daily Telegraph

Naked Capitalism

NZZ (a Swiss newspaper)

The Financial Times (Both English & German editions)

The Globe & Mail

The Daily Yomiuri

The Real Deal

Jesse’s Café Americain

Boston Globe

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Whistleblower says he was prepared to murder Bernard Madoff

Jerry Kronenberg, Boston Herald

The Boston financial whiz who tried for years to expose Bernard Madoff reveals in an explosive new memoir that he made plans to murder the Ponzi schemer if necessary.

“If (Madoff) contacted me and threatened me, I was going to go down to New York and take him out,” Whitman resident Harry Markopolos writes in “No One Would Listen,” due in bookstores Tuesday. “At that point, it would have come down to him or me, (and) I felt I had no other options: I was going to kill him.”

“No One Would Listen” tracks Markopolos’ eight-year odyssey to warn the U.S. Securities and Exchange Commission that Madoff was running the largest investment scam in history.

Working for a Boston financial firm in 2000, Markopolos discovered the $65 billion Ponzi scheme while trying to reproduce Madoff’s unbelievable investment returns.

However, the SEC ignored Markopolos’ numerous warnings, and the scam only collapsed when Madoff turned himself in on Dec. 11, 2008. The global market meltdown had left the crook unable to come up with money his clients were clamoring to get back.

Markopolos, who skewered the SEC in televised testimony before Congress last year, has previously said he feared for his life during his long quest.

After all, Madoff faced years in prison if caught, and Markopolos thinks the scam’s victims included mobsters and drug dealers he believes laundered money through Madoff.

But in his book, Markopolos reveals for the first time just how far he went to protect himself.

http://bostonherald.com/business/general/view.bg?articleid=1236008&position=0

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BofA Taps Brian Moynihan As CEO

Jerry Kronenberg, Boston Herald

Bank of America has tapped Wellesley resident Brian Moynihan as its new CEO.

“Brian’s wide range of experience, his relationships inside and outside of the company and his demonstrated ability to understand business dynamics and effect constructive change made him the best person for the position,” bank Chairman Walter Massey said in announcing Moynihan’s appointment yesterday as head of the nation’s biggest bank.

The 50-year-old executive will take over Jan. 1 for CEO Ken Lewis, who abruptly announced retirement plans this fall. 

Lewis had been under a cloud over a variety of crises that engulfed the Charlotte, N.C.-based Bank of America as part of the global financial system’s meltdown. (Read more)

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