MFI-Miami Blog

The OCC Has Personally Fined Former Wells Fargo CEO John Stumpf $17.5 Million For Fake Accounts Fiasco Wells Fargo indicated  just over a week ago  that the fallout from its fake account scandal was far from over. The bank is disclosing that it has at least $3.1 billion set aside for expected litigation payouts. In addition, former Wells Fargo CEO John Stumpf will have to pay $17.5 million in fines to regulators. Wells Fargo executives are feeling the fallout for failing to prevent the fake account scandal. The Office of the Comptroller of the Currency announced it is dropping the hammer on several of the bank’s former executives. Wells Fargo CEO John Stumpf Oversaw Massive Scam The trouble all began in 2016, when the CFPB, the OCC, and the City and County of Los Angeles  fined the bank $185 million. More than 5,000 of the bank’s former employees opened nearly 2 million fake accounts. As a result of the scandal, former Wells Fargo CEO John Stumpf  promptly resigned

JPMorgan Chase Alert! It’s More Than Likely JPMorgan Chase Can’t Validate Your Mortgage Debt Or Prove Standing To Foreclose On Your Old WaMu Loan! Bank executives from JPMorgan Chase pray you don’t know about their WaMu dirty secrets. MFI-Miami Has Issued A JPMorgan Chase Alert! JPMorgan Chase Inherited a Nightmare From WaMu JPMorgan Chase acquired Washington Mutual’s mortgage assets in 2008. Little did they know that a decade later they would still be fighting costly foreclosure battles over them. These legal battles have become so costly for JPMorgan Chase they began selling the loans and the servicing rights at fire-sale prices. JPMorgan Chase became so desperate to dump these mortgages, they are selling them in the middle of foreclosure litigation. I have already had this happen in five of my foreclosure cases involving old Washington Mutual loans. The Legal Games Of JPMorgan Chase Lawyers JPMorgan Chase lawyers have also purposely postponed trial dates just so they

Bank of America Alert! Can Bank of America Validate Your Mortgage Debt And/Or Prove Standing? Probably Not! MFI-Miami has issued a Bank of America Alert. You need to get in touch with our Bank Of America foreclosure defense team immediately. The team’s focus is solely on helping homeowners develop strategies to fight Bank of America!  We are also the only foreclosure and mortgage experts with the strength to successfully challenge Bank of America. Our competitors show off one or two victories against Bank of America. They can’t beat our track record. How do we know this? We have the  10-year track record  to prove it!  MFI-Miami’s Bank of America hotline and foreclosure defense team is Bank of America’s worst nightmare. Why? MFI-Miami has successfully challenged some of their most arrogant foreclosure mill lawyers. Read more at MFI-Miami

Taxpayer Subsidized Amtrak Shakes Down Two Disabled Passengers For $25,000 For $16 Ride  Struggling rail carrier Amtrak attempted to charge two disabled passengers more than $25,000 for a $16 single ride to Bloomington, Illinois from Chicago. Amtrak claimed the accommodation would require them to take seats out of one of their railcars. Now, the question is, is this a violation of the Americans With Disabilities Act? Adam Ballard who is in a wheelchair was understandably shocked. Ballard told NPR: I thought it was a mistake. That’s the price of a car. How can that be possible? I was sure it was a mistake. But I’ve seen it in writing. So I know it’s not. Unfortunately for Amtrak, Ballard works as a housing and transportation analyst for Access Living.  Access Living  is a disability service and advocacy center in Chicago. Read more at MFI-Miami

Big Win For Homeowners! New York Foreclosure Lawyers Must Now Prove They Have Legal Standing To Foreclose  It’s a big win for homeowners! New York Governor Andrew Cuomo recently signed a bill requiring New York foreclosure lawyers to prove they have legal standing to foreclose. The new law is expected to level the playing field for homeowners in foreclosure. Assemblymember Helene Weinstein and State Senator Brian Kavanagh sponsored the bill. The law amends Article 13 in Real Property Actions & Proceedings. It also allows defendants more leeway to bring up the defense of “standing” in foreclosure court,  Kings County Politics  reports. New York has some of the highest delinquency and foreclosure rates in the county.  According to  LendingTree,  the New York metro had the highest serious delinquency rate in New York state. Read more at MFI-Miami

Bail Bondsman Wayne David Collins: The Shakedown King Of Miami Wayne David Collins back in the day as a Rhode Island Irish thug and rat. There are still lingering questions about how shady Miami Bail Bondsman Wayne David Collins was able to get his license considering his criminal past in Rhode Island. We believe we have peeled back part of the veil of this mystery. But what is a bigger mystery is how he has been able to keep it. Especially with the plethora of lawsuits filed against him alleging he scammed or shook people down for money. Collins’s History Of Being A Thug In Rhode Island Collins came to Florida after fleeing his native Rhode Island in 2003. He had been  involved in a series of criminal and political scandals  involving the Providence Police Department during the reign of the late political boss Providence Mayor Buddy Cianci.   Collins started out as a  Henry Hill wannabe . He started his criminal career as a petty thief in his blue-collar Irish neighborh

Buckingham Palace Fears Possible IRS Raid Thanks To Megxit And Meghan Markle's American Citizenship American tax lawyers say IRS agents could show up at London's Kensington Palace in the UK because of Megxit [/caption] Megxit has been all over the news lately thanks to Prince Harry and Meghan Markle wanting to ditch the royals. The Queen and the British Royal Family are having buyer's remorse and regretting their decision to let the prince marry the former American actress. Megxit Aside, Markle is legally obligated to pay taxes on foreign income as an American. This includes money from the royal family and UK taxpayers. As well as anything the Canadian government contributes to her and Prince Harry's bank account. The Queen is Head of State in Canada. Megxit and possibility of an IRS investigation have the Queen and the British Royal Family hiring top American tax experts. They want to thwart a nightmare audit or possible raid of royal assets.  A Bucki

Michigan Zombie Foreclosures: An Army Of Bottom Feeding Lawyers Are On The March To Shake You Down! Armies of bottom-feeding lawyers armed with thousands of Michigan Zombie foreclosures coming! They are barging down the doors of courthouses across Michigan like Walmart shopper on Black Friday hoping for free money for their clients. This time around its not first lien holder seeking deficiency judgments. It’s the servicers for the second mortgage who has risen from the dead like a zombie. Homeowners who faced foreclosure in the wake of the 2008 financial crisis could be served at any time. It was assumed these lenders wrote off the debt or accepted short payoffs from the first lien holder. Most foreclosure victims have moved on with their lives. They have also made their foreclosure a distant memory. They are now back to sipping their Pabst Blue Ribbons and enjoying the benefits of a robust economy. Read more at MFI-Miami

The Only Palm Beach County Foreclosure Defense With The Samurai Masters Of Palm Beach County Foreclosure Defense The most aggressive Palm Beach County foreclosure defense Central Florida has ever seen. MFI-Miami has created the most aggressive Palm Beach 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 Palm Beach County or Florida 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 has become a lender's worse nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers in Florida. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and Wall Street lenders in Florida. The Most Aggressive Palm Beach County Foreclo

The Trump Administration Sent Repo Men To Repossess The Prosthetic Legs Of A Combat Veteran On Christmas Eve Trump’s VA repossessed the prosthetic legs of decorated military combat veteran Jerry Holliman on Christmas Eve The Trump Administration repossessed the prosthetic legs of a decorated military combat veteran. Jerry Holliman served in Vietnam and Iraq. The combat veteran claims the VA repossessed his prosthetic legs on Christmas Eve after refusing to cover the costs of the legs. Holliman arrived in his room at the Veterans Home in Mississippi a few days before Christmas. He was preparing to go to the home’s annual Christmas Eve party when a man walked into his room. The man claimed he was from the VA and was there to repo the man’s legs. The man walked out with Holliman’s two custom made prosthetic limbs. Holliman states the VA said it would not cover the cost of the limbs or cover his Medicare co-pay. Read more at MFI-Miami

Actor Bruce Willis Takes Massive Loss Of 42% On His Westchester Home Thanks To The NYS Mansion Tax The NYS Mansion Tax is causing havoc with the luxury housing market. It’s also causing Manhattan property  values to plummet . In addition, it’s also contributing to the  mass exodus  of people out of New York State.  What is the NYS Mansion Tax? Basically, it’s a VAT tax on any home selling for $1 million or more in New York State. Here’s how it works according to guys at  Strook.com: New York State also imposes a “mansion” tax on transfers of residential real property including cooperative apartments for $1 million or more. Unlike the transfer tax, the mansion tax is the responsibility of the buyer. Prior to the adoption of the new legislation, the applicable mansion tax rate was 1% of the total consideration. The new legislation preserves this “original” mansion tax of 1% and imposes an additional “progressive” mansion tax on top of it. The tax amounts range from 0.25% on tr

The Only Broward County Foreclosure Defense Team That Has Beaten Wall Street MFI-Miami has created the most aggressive Broward County 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 Broward County or Florida 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 Broward County foreclosure defense team has become a lender's worse nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers in Florida. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and Wall Street lenders in Florida. The Most Aggressive Broward County Foreclosure Defense For nearly 10-years, MFI-Miami CEO Steve Dibert has developed a reputa

The Only Orange County Foreclosure Defense With The Samurai Masters Of Orange County Foreclosure Defense The most aggressive Orange County foreclosure defense Central Florida has ever seen. MFI-Miami has created the most aggressive Orange County 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 Orange County or Florida 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 has become a lender's worse nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers in Florida. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and Wall Street lenders in Florida. The Most Aggressive Orange County Foreclosure Defense For

The Most Assertive Miami-Dade Foreclosure Defense Team Ever Assembled   MFI-Miami has created the most assertive Miami-Dade foreclosure defense team South Florida has ever seen! We are the only foreclosure and mortgage experts with the strength to successfully challenge any lender in a Miami or South Florida 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 track record in Florida to prove it . MFI-Miami has become a lender's worse nightmare. Why? MFI-Miami has successfully challenged some of the most arrogant foreclosure mill lawyers and lenders in South Florida. Steve Dibert has also helped keep lenders from discriminating against Hispanics and people of African and Caribbean descent. In addition, he has helped keep combat veterans in their homes. Furthermore, MFI-Miami also has access to some of the top forensic accountants and former FBI agents available. MFI-Miami

Moving Out Of New York? New York State Wants To Chat With You About The New York Exit Tax New York residents fleeing New York’s intrusive taxes have to endure a painful and anally intrusive New York Exit Tax audit before they can move. Moving out of New York state? The New York State Department of Taxation and Finance wants you to sit down and have a nice chat. You see New York has a New York Exit Tax. Well, it’s not really a tax. It’s more like a painful anal intruding audit. New York State goes to extraordinary lengths to give residents  who try to flee  its burdensome taxes one last good fisting on the way out.  The aggressive approach by  state  tax collectors comes as New York faces a $2.3 billion budget deficit. Governor Cuomo blamed congressional Republicans for passing tax reforms that  reduced the state and local tax deduction .  New York state auditors are doing their best to ensure that those fleeing the state’s high taxes will face difficulties. This includes

Bible Thumping Hacker Steals $2.3 Million From Michigan State University FCU. Money Went To Nigerian Mega Church Black Jesus wannabe Chris Oyakhilome’s Nigerian church received roughly $2.3 million stolen from Michigan State University FCU accounts. Michigan State University FCU  was hacked  by an overzealous follower of Jesus. The hacker managed to get access to 2300 Visa debit card numbers. Consequently, the money went to Loveworld TV. Michigan Media is reporting that Loveworld TV is apparently a British Christian television station. However, it appears the station is operated by  Christ Embassy Church out of Nigeria . See below. The Jesus freak fraudster also attempted to use the Michigan State University FCU accounts to give LoveWorld TV rough $100 per account. Victims Speak Up: One victim spoke to WLNS in Lansing, MI: I did not recognize it at all. I knew what my last debit purchase was because my kids rented a movie on prime. Joshua Mitchell, a credit union mem

Brooklyn Foreclosure Alert! NYC’s TPT Program Is Helping Investors Kick You Out Of Your Home Faster MFI-Miami has issued a Brooklyn Foreclosure Alert! Why? New York City government and May de Blasio’s office are in cahoots with developers. The city and developers are finding loopholes in the Third Party Transfer program (TPT). Thus, they are using it to kick you out of your house faster. TPT allows the city to foreclose on “distressed” properties. As a result, hand them over to developers to fix up and rent out at affordable prices. The program began in 1996. The Department of Housing Preservation and Development under Mayor deBlasio administers TPT. TPT sounds like a good idea on paper. City leaders have all the tools at their disposal to restore ghetto neighborhoods into vibrant neighborhoods. Yet, the reality is much more complicated. However, TPT seems to be doing more harm than good. The city also uses any excuse imaginable to deem a property “distressed.” In many c

When Is A Good Time For First Time Home Buyers To Purchase Their First Home? First time home buyers can find the process exhilarating and stress. But when you’re armed with the right information, you can shop for one with confidence. Our good friends a  Unison  have put together this  handy guidebook  to walk first time home buyers through the confusing maze of homeownership. They are awesome and allowed me to share it. Check it out: When Is It A Good Time To Purchase Your First Home? The timing of buying a house doesn’t have to be perfect. But, there are a few things you have to know before you rush into homeownership. This little knowledge could save you a lot of time and aggravation. Let’s get into it. 1. Are Your Finances in Order? Understanding if you can afford a home should be the first step. Consider the long-term financial commitment involved. You don’t wish to find your dream home, only to discover you’re not financially qualified to purchase it. Here are