MFI-Miami Blog

NY Governor Andrew Cuomo Named 2019 U-Haul Salesman Of The Year As People Flee New York State The United Census Bureau says people are fleeing New York much faster than any other state in the nation. As a result, U-Haul has named NY Governor Andrew Cuomo the 2019  U-Haul  Salesman of the Year. U-Haul CEO Joe Shoen said,  “Governor Cuomo has been a valuable unofficial member of the U-Haul team. I want to personally thank Andrew for all his hard work. He has helped make U-Haul the #1 moving company in North America for six years in a row!”  More than 76,000 people packed up and shipped out of New York State during 2019. They are heading to states such as Florida, Georgia and Texas. All three are the fastest-growing states in the U.S. After New York, the states that saw most people leaving were Illinois with 51,250 departees. West Virginia was second with 12,144 people leaving and Louisiana had 10,896 leave the state. Read more at MFI-Miami

Here Are Top Five Most Expensive Homes Listed For Sale In Manhattan In December The five most expensive homes in New York City’s real estate listings for December were dominated by Lower Manhattan properties. The second week of December saw the five priciest homes new to the market range from $50 million to $6.6 million, compared with the  previous week’s  spread of $19.5 million to just under $10 million. The listings were pulled according to an analysis of StreetEasy and Compass data, and one submitted listing. The most expensive listing of the week by far was a West Village townhouse. The property hit the market quietly on Brown Harris Stevens’ website asking $50 million. Combined, the top five most expensive homes listed in New York City between Dec. 9 through Dec. 15 seek nearly $89.4 million. Read more at MFI-Miami

European Housing Market Could Be Heading For A Crash Of Epic Proportions Thanks To Negative Interest Rates  It appears the European housing market is heading toward the perfect storm of a collapse. The European Central Bank has initiated negative interest rates and it is causing property values to skyrocket. This is coupled by high rates of household debt in Europe. The European Central Bank five years ago slashed its benchmark interest rate to below zero in an effort to ramp up the continent’s stagnant economy. However, it  kickstarted a surge in demand to buy housing. Matthias Holzhey, UBS’ head of Swiss real estate told the Times: The dynamics have totally changed in a short period of time into the bubble risk zone. A UBS survey found that Munich, Amsterdam, and Paris are among the cities at  risk of a bubble . Germany’s central bank discovered real estate in the country’s cities is overvalued by 15% to 30% ECB’s European Systemic Risk Board responded by asking 11

MFI-Miami Offers Mortgage Compliance And Mortgage Fraud Expert Witness Services For Homeowners  MFI-Miami CEO Steve Dibert offers mortgage fraud expert witness services to lawyers and to pro-se homeowners. Steve Dibert has testified or sat for depositions in foreclosure cases in five different states. Those states include Connecticut and Florida. As well as, Georgia, Kentucky, Massachusetts, and Michigan. In addition to Pennsylvania, New Jersey, and New York. MFI-Miami CEO Steve Dibert is also available to consult on most foreclosure cases.  MFI-Miami CEO Steve Dibert has over 23 years of experience working in mortgage lending and mortgage fraud investigating. Steve Dibert has originated and manage mortgage offices including a team of underwriters. He also has experience on the process of bundling loans to be sold on the secondary market to bond investors.  Steve Dibert has also worked in the commercial lending field. He has he find financing for casinos in Macau and hotel

Miami Bail Bondsman Wayne David Collins’ Secret Criminal Past As A Convicted Thug The Elusive Miami Bail Bondsman Wayne David Collins Miami Bail Bondsman Wayne David Collins has become the largest bail bondsman in South Florida. Not bad for a Rhode Island transplant who arrived under an air of mystery in 20o3. The amazing thing about Collin’s quick success is that it should have never happened. He climbed to the top in under three years and has stayed there for over 15 years. Who else could quickly become Florida’s top bail bondsman and stayed there? Who else could have hired the former state regulator of the bail-bond industry, adding clout that reaches all the way to the governor’s office? No wonder there’s a bit of swagger about the barely five-foot-tall babyfaced Collins. He has gained prominence by writing eye-popping bonds and betting hundreds of thousands of dollars on if defendants will stick around for their trials. So far, it’s paid off for Collins. Collins par

Former Michigan Foreclosure King Turned Emasculated Congressman David Trott Trashes Donald Trump Before he went to Congress, Foreclosure King David Trott was known as El Gringo Bandito for stealing homes out from under homeowners in foreclosure. Former Michigan Foreclosure King David Trott was 6 months into his 2nd term in 2017 became worried. He found President Trump’s erratic behavior troublesome. Trott also felt that Trump’s flailing attempts to repeal the Affordable Care Act showed Trump may be unfit for the presidency. He expressed his concern with his colleagues in the House GOP caucus.   GOP legislative caucuses across the US and in Congress once had a “Snitches End Up In Ditches” rule. Anything discussed in a closed caucus meeting was kept private in strict  Skull and Bones  style secrecy. Congress members could end up with their committee assignments stripped or be subject to a well-financed primary opponent if they blabbed about anything discussed in a caucus me

Aggressively Stopping Suffolk County Foreclosures With An Aggressive Suffolk County Style Foreclosure Defense  MFI-Miami has created the most aggressive Suffolk County foreclosure defense team for stopping Brooklyn foreclosures! We are also the only foreclosure and mortgage experts with the strength to successfully challenge any lender in a Suffolk County courtroom. Our competitors show off one or two victories. Yet, they can’t beat our track record. How do we know this? Because  we have the track record in Suffolk County to prove it .  MFI-Miami has become a lender’s worst nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and lenders in Suffolk County. Steve Dibert has also helped keep lenders  from discriminating  against Hispanics and people of African and Caribbean descent. How? By stopping Suffolk County foreclosures. In addition, he has helped keep combat veterans in their homes.  Furthermore, MFI-Miami also

Experience The Most Aggressive Staten Island Foreclosure Defense Team Ever Assembled MFI-Miami has created the most aggressive Staten Island foreclosure defense team New York has ever seen! We are the only foreclosure and mortgage experts with the strength to successfully challenge any Wall Street lender in a Richmond County or New York courtroom. Our competitors show off one or two victories but they can't beat our track record. How do we know this? Because we have the 10-year track record  to prove it!  MFI-Miami's Staten Island foreclosure defense team has become a lender's worst nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and Wall Street lenders in New York. For nearly 10-years, MFI-Miami CEO Steve Dibert has developed a reputation of bringing Wall Street banks to their knees. He has even humiliated bank lawyers and made bank executives sob like babies during depositions.  Steve Di

Aggressively Stopping Brooklyn Foreclosures With An Aggressive Brooklyn Foreclosure Defense  MFI-Miami has created the most aggressive Brooklyn foreclosure defense team for stopping Brooklyn foreclosures! We are also the only foreclosure and mortgage experts with the strength to successfully challenge any lender in a Kings County courtroom. Our competitors show off one or two victories. Yet, they can't beat our track record. How do we know this? Because we have the track record in Brooklyn to prove it .  MFI-Miami has become a lender's worst nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and lenders in Brooklyn. Steve Dibert has also helped keep lenders from discriminating against Hispanics and people of African and Caribbean descent. How? By stopping Brooklyn foreclosures. In addition, he has helped keep combat veterans in their homes.  Furthermore, MFI-Miami also has access to some of the

After Jerking Around A Disabled Combat Veteran For Nearly A Decade, PHH Mortgage Plans To Evict Him On Christmas Eve  Being sick from toxic fumes he didn’t know he was inhaling was the last thing disabled combat veteran Kevin Elkins was thinking about while sitting in the Saudi Arabian desert almost 30 years ago. Elkins was there along with 400,000 other American and Coalition troops to liberate Kuwait. He never thought Operation Desert Storm would make him sick. After all, there was hardly any fighting. Iraqi troops either fled their posts or surrendered en masse. Kuwait was pretty much liberated within a week. Kevin Elkins and his wife settled in Houston and bought a home after being honorably discharged from the military. In 2004, they bought their dream house on Bridle Court in Houston, Texas and financed it through the now-defunct First Franklin Financial Corporation.  In 2010, Kevin Elkin began suffering respiratory problems that his doctors in Houston couldn’t diagn

Help Fight JPMorgan Chase Bank Foreclosures! With the help of our lawyers,  MFI-Miami  has helped hundreds of people stay in their homes since the 2008 financial crisis. Unfortunately, we have had homeowners facing foreclosure with legitimate defenses who can't afford the cost of quality legal representation or the support teams that go with it. Especially when they go up against a major bank like JPMorgan Chase. So we are asking for your help! Often times, these homeowners end up representing themselves or worse, lose thousands of dollars and their home on charlatans on the internet who promote whacked out and baseless arguments.  MFI-Miami  is currently working with two homeowners who could use your help fighting JPMorgan Chase.  Client #1  has been fighting to stop JPMorgan-Chase from taking her Miami condo since 2009. JPMorgan Chase withdrew the case voluntarily with prejudice (meaning they agree not to refile the case) in 2015 due to a lack of standing. JPMorgan Chase can

First Presbyterian Church of Miami Hit With $7.1 Million Tax Bill After Violating Religious Exemption Status Miami-Dade County has slapped First Presbyterian Church of Miami with a $7.1 million property tax bill. The Miami-Dade Property Appraiser alleged Miami’s oldest church violated its religious exemption status. The Miami Herald  reports the church is being taxed because it leased a portion of church grounds to a for-profit school and various food trucks. The church located at 609 Brickell Avenue has run a K-8 religious school since 2008. The bill comprises a tax lien totaling $6.5 million (including interest and fines) for the years 2009-2017 and a current bill of $509,526.24 for the 2018 year. Read more at MFI-Miami

Real Estate Mega-Donors Running From Trump Faster Than OJ Simpson In A Hertz Commercial.  Real estate mega-donors are running from Trump faster than OJ Simpson in Hertz commercial President Donald Trump should be well ahead of his rivals in donations from real estate mega-donors. They historically give to Republicans by a 2-1 margin and industries favor a candidate who’s one of their own.  Yet, it appears real estate mega-donors are running from Trump in 2020  faster than OJ Simpson in Hertz  commercial.  Some find this surprising considering they’ve benefited from his regulatory rollbacks. Political tensions with China and the cap on deductions for state and local taxes have hit real-estate markets hard. Cityview CEO Sean Burton told Bloomberg: There’s a lot of frustration with Trump’s policies. People in California were very upset about SALT. And there’s been a significant pullback of Chinese capital in real estate over the last few years. Read more at MFI-Miami

Aggressively Stopping Bronx Foreclosures With An Aggressive Bronx Foreclosure Defense  MFI-Miami has created the most aggressive Bronx foreclosure defense team for aggressively stopping Bronx foreclosures! We are also the only foreclosure and mortgage experts with the strength to successfully challenge any lender in a Bronx courtroom. Our competitors show off one or two victories. Yet, they can’t beat our track record. How do we know this? Because  we have the track record in the Bronx to prove it .  MFI-Miami has become a lender’s worst nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and lenders in the Bronx. Steve Dibert has also helped keep lenders  from discriminating  against Hispanics and people of African and Caribbean descent. How? By stopping Bronx foreclosures. In addition, he has helped keep combat veterans in their homes.  Read more at MFI-Miami

Aggressively Stopping Queens Foreclosures With An Aggressive Queens Foreclosure Defense  MFI-Miami has created the most aggressive Queens foreclosure defense team for aggressively stopping Queens foreclosures! We are also the only foreclosure and mortgage experts with the strength to successfully challenge any lender in a Queens courtroom. Our competitors show off one or two victories. Yet, they can’t beat our track record. How do we know this? Because  we have the track record in Queens to prove it .  MFI-Miami has become a lender’s worst nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and lenders in Queens. Steve Dibert has also helped keep lenders  from discriminating  against Hispanics and people of African and Caribbean descent. How? By stopping Queens foreclosures. In addition, he has helped keep combat veterans in their homes.  Read mo re at   MFI-Miami

Stopping Manhattan Foreclosures With An Aggressive Manhattan Foreclosure Defense  MFI-Miami has created the most aggressive Manhattan foreclosure defense team for stopping Manhattan foreclosures! We are also the only foreclosure and mortgage experts with the strength to successfully challenge any lender in a Manhattan courtroom. Our competitors show off one or two victories. Yet, they can’t beat our track record. How do we know this? Because  we have the track record in Manhattan to prove it .  MFI-Miami has become a lender’s worst nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and lenders in Manhattan. Read more at MFI-Miami

Fannie Mae And Freddie Mac Will Update Uniform Residential Loan Applications In November 2020 The Federal Housing Finance Agency  announced  three years ago that they were changing the Uniform Residential Loan Applications used by the lending industry. It will the first change in 20 years. The GSEs later  dictated  that lenders would be required to begin using the new loan application by February 1, 2020. But that all changed  earlier this year.  The GSEs delayed the mandatory use of the redesigned Uniform Residential Loan Application. The FHFA postponed the implementation of the URLA to an unspecified date. However, the GSEs revealed Wednesday a new date for the mandatory use of the new URLA. Read more at MFI-Miami

New Jersey Man Convicted Of Promoting Mortgage Recovery Tax Schemes Mortgage recovery tax schemes are illegal as  Kenneth Crawford Jr. of Atlantic City  found out. A federal jury in Camden, New Jersey, convicted Crawford of conspiring to defraud the IRS and filing false claims. The jury also found him guilty of obstructing the internal revenue laws. Prosecutors stated at trial that Crawford and others promoted and sold a mortgage recovery tax scheme. The scheme obtained fraudulent refunds for their clients fraudulent from the IRS between 2015 and 2016. Crawford promoted the scheme to people who were facing foreclosure or behind on their mortgage payments. He sold people on the idea that they could wipe out their mortgage debts by filing tax forms with the IRS. Read more at MFI-Miami

Real Estate Alert: Home Flippers Getting Burned In Key Markets Highlighted On HGTV Reality Shows Real Estate Alert! Amateur home-flippers are getting burned. Especially on fixer-uppers. Contrary to what HGTV shows are telling you. Real estate markets highlighted on HGTV reality shows are not as profitable as they show on TV. The  ATTOM Data Solutions ’ third-quarter 2019 U.S. Home Flipping Report states returns on home flips stood at the second-lowest point since 2011. Todd Teta, chief product officer at ATTOM Data Solutions told Housingwire: After a springtime selling binge earlier this year, the home-flipping business settled way down over the summer amid a continuing scenario of languishing profits. Read more at MFI-Miami