Broward County Judicial Candidate Leonore Greller Faces Scrutiny Over Ties To Loan Mod Scam
Broward County Judicial Candidate Leonore Greller Faces Scrutiny Over Past Ties To Loan Modification Scam
Broward County Judicial Candidate Leonore Greller has figured out that the internet never forgets thanks to Buddy Nevins at Broward Beat. Especially if you were once in the crosshairs of MFI-Miami.
The story begins in 2009 when I operated a sister website for MFI-Miami named MFI-Mod Squad. MFI-Mod Squad was nothing more than a blog that exposed scam loan modification companies that popped up in the wake of the financial crisis. The site soon became one of the most popular financial blogs on the web. Finance journalists and celebrities read my articles. Former cast members of the Aaron Spelling TV show, Mod Squad that inspired the name, even became fans.
MFI-Mod Squad blogs were responsible for the Federal Trade Commission passing what is known as the MARS rule. The MARS rule bars loan modification companies from charging an upfront fee for debt relief services. The enactment of the MARS rule shut down nearly 90% of the loan modification companies operating in 2009. In 2011, I shut the website down. After all, mission accomplished.
Leonore Greller And Mortgage Mitigation Clearing House
One of the scam modification companies I exposed was Mortgage Mitigation Clearing House run by a guy named Jacques Beckerman. The company operated out south Florida and promoted Greller as their in-house legal counsel with decades of consumer litigation experience.
Mortgage Mitigation Clearing House appeared on my radar in the spring of 2009. Hundreds of homeowners from around the US were calling me telling stories of how they paid thousands of dollars to Mortgage Mitigation Clearing House. After collecting the money Beckerman and his management team stopped returning phone calls.
I began researching the company and their trail of broken promises in early spring of 2009. I soon learned Beckerman left out two key pieces of information with his sales pitches and on his website. He was violating Florida Statute 701.1377. Florida law requires loan modification companies to be properly licensed and Mortgage Mitigation Clearing House was not.
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