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Caliber Home Loans Fights To Survive FDCPA Class Action Suit

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  Caliber Home Loans Fights To Survive Class Action Suit Alleging Violations Of The Fair Debt Collection Practices Act  Caliber Home Loans fights for its life after it was  named as the defendant in a 52-page lawsuit . The lawsuit alleges Caliber Home Loans violated the Fair Debt Collection Practices Act.  The plaintiff states his previous servicer accelerated his loan on March 6, 2010, and filed a foreclosure proceeding against him. The mortgage servicer later dismissed the foreclosure action. Caliber Home Loans obtained the debt after it went into default. The mortgage servicer then sent the plaintiff a collection letter in July 2017 demanding payment and threatening legal action. The case argues the statute of limitations for such action had expired by 2017. Therefore, the debt was unenforceable and the defendant’s threat of litigation was deceptive. The case states Caliber sent the plaintiff additional letters in September 2017. The letters failed to clearly stat...
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Deutsche Bank Plans To Foreclose On Trump Real Estate

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  Deutsche Bank Plans To Foreclose On Trump Organization Properties If They Can’t Dump Trump’s $340 Million Debt Deutsche Bank plans to end the bank’s relationship with the Trump Organization and Donald Trump after the U.S. elections. The Trump Organization owes the bank about $340 million. The loans are against Trump’s golf course in Miami and hotels in Washington and Chicago. Deutsche Bank gave the Trump Organization loans that have Trump paying only interest on the loans so far. The entire principal is outstanding on two of the three loans. The loans come due in 2023 and 2024. The three loans against Trump’s properties and start coming due in two years. The loan payments are current on payments and personally guaranteed by the president. Read More At MFI-Miami
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Racist Florida Home Appraiser Busted Undervaluing Mixed Race Family's Home By $135,000 

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  Racist Florida Home Appraiser Busted Undervaluing Mixed Race Family’s Home By $135,000  Abena and Alex Horton Abena and Alex Horton are accusing a racist Florida home appraiser of purposely undervaluing their home in Jacksonville, Florida. The appraiser appraised the home in June for $330,000. The home appraised for significantly lower than other homes in the area. the homes in their neighborhood appraise for $350,000 to $550,000. Abena Horton who is black said she sensed racism was a play. Horton posted on Facebook that the appraiser was immediately unpleasant. He kept making one rude comment after another. He expressed an exaggerated surprise when he saw her working at her home office during the walk-through. Abena Horton decided to conduct an experiment. She removed the photos of their multiracial family. She replaced them with paintings of her white husband and his parents, as well as holiday cards from white friends. Albena Horton hid books by black authors like Zo...
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