MFI-Miami Blog

Civil Rights Groups Sue BofA Claiming BofA Violated Fair Housing Act Civil rights groups are coming together to bring a lawsuit against Bank of America and Safeguard Properties Management. They claim that Safeguard and BofA violated the Fair Housing Act. The National Fair Housing Alliance and two homeowners from Maryland filed a lawsuit against the two companies. The 19 groups that make up the Alliance claim the two companies failed to provide routine exterior maintenance for Bank of America-owned homes in minority neighborhoods across 37 metro areas. They also claim BofA and Safeguard failed to market the properties. The National Fair Housing Alliance compared the properties with mostly white neighborhoods. The Alliance alleges BofA consistently maintained its homes in predominately white neighborhoods The groups say they found shocking evidence of wildly overgrown grass and weeds which is the least of the problems. The groups also fo...

The Real Estate Industry Bet Heavily On The Re-Election Of Congressman Joe Crowley And Lost It All The real estate industry bet on  Congressman Joe Crowley  like a drunken British sailor a Pai Gow Parlor in Hong Kong. And like a drunken sailor, they saw their all-in bet go down in flames to Alexandria Ocasio-Cortez. Cortez is a 28-year-old socialist  who made New York’s affordable housing crisis a focal point of her Democratic primary campaign. She defeated Crowley by a stunning 15 point margin in Tuesday’s primary. Crowley represents New York’s 14th Congressional District. The district covers Queens and parts of the Bronx. Crowley raised $3.4 million for his safe Democratic seat and his biggest donors were the real estate industry. Read more at MFI-Miami

Terry Lee Taylor AKA The Skinny Bandit Arrested And Charged With Bank Robbery Terry Lee Taylor aka the Skinny Bandit was indicted by a  federal grand jury  with four counts of bank robbery. The Skinny Bandit robbed three area banks and attempted to rob a fourth between June 9, 2018, and June 18, 2018. Taylor robbed his first bank on June 9th. He walked into a US Bank in San Diego and passed a note to the teller that demanded $3,000 in $100 denominations. Taylor’s note specified that he had a gun and was willing to shoot everyone in the bank. Taylor robbed the bank of approximately $1,879. Taylor also robbed a Chase Bank in Ramona, California three days later. He presented a note to the bank teller informing her he had a gun. The note again threatened the lives of everyone in the bank. Taylor fled the bank after receiving $4,696. Taylor also allegedly attempted to rob a Bank of America on June 14, 2018. However, a diligent bank employee recognized a secur...

You Can Beat An FHA Foreclosure Without The Crazy Cat Lady Style Antics Of Mark Stopa In many ways, an FHA foreclosure is easier to beat than a conventional or subprime mortgage. The cool thing is that you don’t have to behave like a crazy cat lady to get your way like  Mark Stopa . My way will make the judge think you know your stuff. It also won’t get you  in trouble with your state bar  association like it did for Stopa. What most people don’t know is that FHA loans several have unique rules for FHA lenders. Subprime and conventional loans don’t have these stipulations when it comes time to foreclose. FHA lenders also have to comply with these rules or they cannot foreclose. First of all, FHA loans have a unique stipulation that requires the lender to have a sit down meeting with you if you go into default. Read more at MFI-Miami

Former IRS-CI Special Agent Convicted Of Filing False Tax Returns And Obstruction Of Justice Former IRS-CI Special Agent Alena Aleykina was found guilty of  filing false tax returns and obstruction of justice . Aleykina was a CPA and holds a master’s degree in business administration.  She filed six false tax returns. They included three personal tax returns for years 2009, 2010, and 2011. She also filed three returns in the names of trusts she created for years 2010 and 2011. Aleykina fraudulently claimed the head of household filing status and false dependents. She also falsely claimed she paid her mother and her sister to care for her son and for her father. In addition, Aleykina also stole government funds and obstructed justice during the investigation.  She falsely claimed $4,000 in tuition reimbursement from the IRS for classes that she did not take. Read more at MFI-Miami

Experience The Most Aggressive Massachusetts Foreclosure Defense Team Ever Assembled MFI-Miami has created the most aggressive Massachusetts foreclosure defense team New England has ever seen! We are the only foreclosure and mortgage experts with the strength to successfully challenge any mortgage lender in a Massachusetts 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 to prove it . MFI-Miami has become a lender’s worst nightmare. We have also become a nightmare for foreclosure mills like  Orlans  and  Harmon Law ! Why? MFI-Miami has successfully challenged some of the  most arrogant foreclosure mill lawyers  in Boston. Our lawyers have also even beaten Orlans in their hometown of Detroit. Steve Dibert has also helped keep lenders from discriminating against Hispanics and people of African and Caribbean descent. In addition, h...

The Only Freddie Mac Mortgage Foreclosure Defense Team That Commands Results You may have a Freddie Mac Mortgage and not know it. Only someone properly trained in writing them can help you save your house from  Freddie Mac . MFI-Miami has created a specialized Freddie Mac Mortgage Foreclosure Defense Team. The team’s focus will focus solely on developing strategies to give homeowners an edge in any Freddie Mac Mortgage foreclosure! We are the only foreclosure and mortgage experts with the resources and knowledge to successfully challenge any Freddie Mac Mortgage. Our competitors may show off one or two victories against this lender 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 Freddie Mac Mortgage Foreclosure Defense Team is a mortgage servicer’s worst nightmare. Why? MFI-Miami has successfully challenged some of their most arrogant foreclosure mill lawyers. As ...

The Only Fannie Mae Mortgage Foreclosure Defense Team That Commands Results You may have a Fannie Mae Mortgage and not know it. Only someone properly trained in writing them can help you save your house from  Fannie Mae . MFI-Miami has created a specialized Fannie Mae Mortgage Foreclosure Defense Team. The team’s focus will focus solely on developing strategies to give homeowners an edge in any Fannie Mae Mortgage foreclosure! We are the only foreclosure and mortgage experts with the resources and knowledge to successfully challenge any Fannie Mae Mortgage. Our competitors may show off one or two victories against this lender 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 Fannie Mae Mortgage Foreclosure Defense Team is a mortgage servicer’s worst nightmare. Why? MFI-Miami has successfully challenged some of their most arrogant foreclosure mill lawyers. As a re...

The Only FHA Mortgage Foreclosure Defense Team That Commands Results FHA Mortgages are complex and only someone properly trained in writing them can help you. MFI-Miami has created a specialized FHA Mortgage Foreclosure Defense Team. The team’s focus will focus solely on developing strategies to give homeowners an edge in any FHA Mortgage foreclosure! We are the only foreclosure and mortgage experts with the resources and knowledge to successfully challenge any FHA Mortgage. Our competitors may show off one or two victories against this lender 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 FHA Mortgage Foreclosure Defense Team is an FHA mortgage servicer’s worst nightmare. Why? MFI-Miami has successfully challenged some of their most arrogant foreclosure mill lawyers. As a result, MFI-Miami CEO Steve Dibert has developed a reputation for bringing this lender to...

Michigan Psychologist Indicted For Bilking Blue Cross Blue Shield Out Of $5 Million Psychologist Paul Smith allegedly billed Blue Cross Blue Shield of Michigan over $5,000,000 for services never performed. Michigan psychologist  Paul Smith has been indicted for fraudulently  swindling Blue Cross Blue Shield of Michigan over $5,000,000. Blue Cross Blue Shield of Michigan claims they lost approximately $5,000,000 as a result of Smith’s false claims. Smith allegedly submitted approximately 1,700 false claims for neuropsychological testing and 140 false claims for psychological testing between January 2015 through February 2018. Prosecutors state Smith billed BCBSM for allegedly providing neuropsychological testing 21 times for a single patient within a single year. He also submitted claims stating he provided 24 hours of professional service on each occasion. BCBSM paid Smith approximately $61,000 based on his invoices for that patient. Consequently, BCBSM ...

Federal Prison Guard Sentenced To 5 Years In Federal Prison For Helping Wannabe Wiseguy Former federal prison guard  Michael Mazar  was sentenced today to 5 years in prison and ordered to pay over $8.9 million in restitution. Mazar was a guard at the federal prison in Miami. He provided inmate  James Sabatino  with several cellular smartphones and other items in February of 2017. Sabatino is a wannabe wiseguy from New York and a   40-year-old   perennial inmate . The wannabe wiseguy never found a con he didn’t like. Nor did he ever find one he was good at. Sabatino was busted for every  scam he tried to pull . Consequently,  Sabatino contacted several retail  and jewelry store employees and brand representatives with the telephones. He then pretended to be an employee of various film and music companies. He convinced the victims to send high-end to various locations in South Florida and elsewhere. The victim companie...

Queens Rabbi Igal Haimoff Sought to Disguise the Extorted Funds as a Charitable Donation Queens Rabbi Igal Haimoff and accomplice Mark Weissman stand accused of engaging in a scheme to extort $7 million plot. They allegedly extorted money from an individual in exchange for not providing purportedly incriminating information to law enforcement authorities. United States Attorney Richard P. Donoghue: As alleged, Haimoff and Weissman attempted to characterize the millions of dollars they expected to receive from their extortion threat as a charitable donation. This Office will vigorously investigate and prosecute those who seek to hide their criminal conduct behind the cloak of a charity. FBI Assistant Director-in-Charge William F. Sweeney also stated: Charity of all kinds, especially related to children, is esteemed to be noble, honest, and true. By allegedly attempting to extort and blackmail this victim in the name of charity, Haimoff and Weissman gravely underm...

Clueless New York Lawyers Become Victims In $3.3 Million Toner Cartridge Scam Run By California Man Mark Mushkin conned over 878 clueless New York lawyers into paying him more than $3.3 million. Mark Timothy Mushkin was busted for operating  a toner cartridge scam  from 2011 t0 2017. Mushkin allegedly conned over  878 New York lawyers  and business owners over a 6 year period into paying him more than $3.3 million. The enterprising scammer would send out invoices for copier toner that was never ordered or delivered. As a result, the clueless New York lawyers and business owners blindly paid the invoices thinking they were legitimate. Mushkin allegedly set up a phony company named IT Tech Products. IT Tech would targeted law firms for Mushkin’s “Sliver Scam” The idea of the sliver scam is that you can pocket a lot of money by taking just a little bit from many people. Each rip-off is too small to spark law enforcement curiosity, but collectively, the swin...

Mick Mulvaney Minion Kathy Kraninger Nominated As New Head Of CFPB Mick Mulvaney Minion Kathy Kraninger Nominated As New Head Of CFPB The White House announced that President Donald Trump will nominate Mulvaney minion Kathy Kraninger as the next director of the CFPB. Kraninger is a lackey of Office of Management and Budget Director Mick Mulvaney. She is also drawing criticism from consumer advocates and dividing conservatives. If the Senate approves her nomination, Kraninger will succeed her boss, the interim head of the CFPB Mick Mulvaney. White House Deputy Press Secretary Lindsay Walters told the media: She will bring a fresh perspective and much-needed management experience to the CFPB. Consumer advocates and many conservatives were quick to criticize the announcement. Both sides question Kraninger’s qualifications. They argue she is unqualified. As a result, she may struggle to gain Senate approval. Read more at MFI-Miami

Catty Wells Fargo Retaliation Against Critics Has A Long Cold & Calculated History That Goes Back Nearly A Decade Wells Fargo retaliation against their critics has been going on for a nearly a decade. The attempted retaliation is catty in its nature and shows how immature, egomaniacal, and/or narcissistic their executives are. Take your pick. Wells Fargo executives are also almost as entertaining as watching the catfights between  Joan Collins and Linda Evans on the old TV show, Dynast y.  It’s also ineffective and makes Wells Fargo look extremely bad because it usually blows up in their face. Financial Web Sites Were The First To Feel Wells Fargo Retaliation ML-Implode Feels The Wrath Of Wells Fargo Retaliation Wells Fargo retaliation against websites began in 2012. Alternative financial website ML-Implode posted stories by blogger Martin Andelman about Wells Fargo jerking around former Wells Fargo customer Norman Rousseau. The bank put Rousseau through ...

NAHB Says New Home Prices Will Increase 20% Due To Trump’s Double-Digit Tariff On Canadian Lumber Home prices expected to jump 20% due to President Trump’s crackdown on immigration and tariff on Canadian lumber. The National Association of Home Builders expects new home prices to jump 20%. NAHB Economist Dietz expressed his concerns with the National Association of Real Estate Editors conference in Las Vegas yesterday. One of the top issues for the homebuilding industry is the increase in new home prices. Dietz said it is being caused by tariffs on Canadian softwood lumber  imposed  last year by the Trump administration. Dietz told the journalists at the conference: We have an effective 20% tariff rate right now on Canadian softwood lumber. A lumber tariff is very much a tax on homeowners and renters.  Read more at MFI-Miami

Mick Mulvaney, the George Costanza Of The Trump Administration Is Out At CFPB The CFPB Acting Director Mick Mulvaney has become the George Costanza of the Trump Administration. CFPB Acting Director Mick Mulvaney has stood at the helm of the bureau since November. He has run the  bureau  like George Costanza ran the New York Yankees on the TV show,  Seinfeld . He has become an embarrassment to the Trump administration. The reality-show obsessed President Trump wants him gone. There are also a few factors making it easier for Trump to kick Mulvaney to the curb like a  prom night dumpster baby . The acting director can only serve for six months unless there is another candidate going through the nomination process. Trump has a deadline of June 22, 2018, to name a new director. Mulvaney recently told  Bloomberg  he was informed by the administration that it plans to nominate a permanent director next week. White House insiders say ...

These 12 Cities Have The Highest FHA Loan Denials For Minorities In The United States FHA loan denials increased across the board after the housing crash. As a result, they remain higher than they were 20 years ago. The proportion of FHA denial rates for white and black applicants has narrowed over the past 20 years. Yet, the difference between whites and Hispanics and whites grew. The disparity also grew between Whites and Asians. Zillow conducted a study of  Home Mortgage Disclosure Act data. The study also showed some disturbing trends. In 1996, 8.5% of white applicants and 16.3% of black applicants were denied FHA loans. In 2016, 11% of white applicants and 18.6% of black applicants were denied. Meanwhile, the FHA denial rate for Asian applicants in 2016 also rose. It was nearly 50%. It increased from 15.3%, up from 10.1% in 1996. In addition, Hispanic applicants also saw an increase. They saw an increase of over 40%. HMDA data shows Hispanics had an...

Real Estate Groups Riled Up As GOP Controlled Congress Lets Net Neutrality Die Real estate groups nationwide and real estate websites are preparing for the worst. On Monday Net Neutrality officially died thanks to GOP congressional leaders. Net neutrality had become popular even among groups who initially opposed it.  However, certain congressional leaders and Trump sycophant turned  FCC Chairman Ajit Pai . Net Neutrality prevented internet service companies from charging users more money to see certain content. It also allowed larger companies to pay providers to allow their content to have faster download speeds. The Federal Communications Commission repealed net neutrality regulations last year. However, the Senate voted to block the repeal back in May and  passed a measure  to restore net neutrality. Unfortunately, House Speaker Paul Ryan and his  whip Steve “Sleazy” Scalise  have blocked net neutrality in the House of Rep...

Fiorello La Guardia’s Former Bronx Home Is On The Market for $3.5 Million. La Guardia Died In The Home In 1947 The Bronx home where famed New York Mayor Fiorello La Guardia died is on the market for $3.5 million. Mansion Global  is reporting the Bronx home of famed New York Mayor Fiorello La Guardia is on the market for $3.5 million. La Guardia is famous for single-handedly bringing down the notorious Tammany Hall political machine. The  Tammany Hall political machine  was run by Irish-American politicians and controlled New York City and New York state politics for nearly a century. He was also responsible for transforming a small airfield in Queens to what is now La Guardia airport. La Guardia bought the Tudor house in the quiet Bronx area of Riverdale in 1945 after retiring as mayor. He lived in the tree-lined Bronx home until he died in the house of pancreatic cancer in 1947. The nearly 5,000-square-foot house hit the market three weeks ago. I...

Foreclosure Rates Are The Highest In These 10 States And It Shows The Housing Crisis Is Far From Over Homeowners who play DIY lawyer usually lose their foreclosure cases and set bad legal precedence. Then blame mass government conspiracies for their loss. Foreclosure rates are on a downward trend on average throughout the United States. Yet, some states continue to struggle with property owners defaulting on their loans. It’s also proof that the financial crisis is far from over. It seems like homeowners don’t seek the help they need when a personal financial crisis begins. There are a plethora of ways to help homeowners at the beginning of a crisis. However, those options rapidly dwindle as time goes and they do nothing. Homeowners do nothing for multiple reasons and it is usually due to arrogance. This sense of arrogance is especially relevant in suburbia and it’s what drives up the foreclosure rates. Homeowners in foreclosure are usually broken into two groups. Firs...