MFI-Miami Blog

The Aggressive Brooklyn Foreclosure Defense Team That Has Beaten Wall Street  MFI-Miami  has created the most aggressive Brooklyn 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 Brooklyn 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  aggressive Brooklyn foreclosure defense team has become a lender’s worse 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...

The Bronx Foreclosure Defense Team That Hits It Out Of The Ball Park Like A Yankee! MFI-Miami  has created the most aggressive Bronx 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 Bronx 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  Bronx 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.  Steve Dibert has also helped keep lenders from discriminating against Latin Amer...

The Only Manhattan Foreclosure Defense Team That Has Beaten The Bulls Of Wall Street MFI-Miami has created the most aggressive Manhattan 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 Manhattan 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 Manhattan 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 Dibert has a...

Zillow Is Spying On You With New Algorithms To Check The Quality And Curbside Appeal Of Your Home Zillow is about to let everyone on the internet know about your home’s slightest flaws. The online real estate company will use it depreciate your home’s Zestimate. Zillow announced on  Thursday it has a new algorithm that uses photos to help decide the appeal and worth of your home. Stan Humphries, Zillow’s Chief Analytics Officer wrote in a Medium post: We’ve taught the Zestimate to discern quality by training convolutional neural networks with millions of photos of homes on Zillow, and asking them to learn the visual cues that signal a home feature’s quality,  For instance, if a kitchen has granite countertops, the Zestimate now knows — based on the granite counter top’s pixels in the home photo — that the home is likely going to sell for a little more. Read More At MFI-Miami

Convicted Real Estate Fraudster Family Is Back Flipping Real Estate And Flipping The California AG The Bird The California real estate fraudster family is back in the real estate game! The Shahs are practically doing a victory dance like Bajirao Mastani in Malhari. It seems like the Shah family haven’t  learned crime does not pay . Members of the convicted California real estate fraudster family are back in the real estate game. The Shahs also aren’t being shy about it. They’re practically dancing around as if they’re doing a victory dance in a  Bajirao Mastani music video  and flipping the state of California the bird. Suniti Shah, Shah’s husband, her sister Supriti Soni and their mother, Sushama Devi Lohia all dodged a bull by setting up Suniti’s husband, Dinesh Shah as their patsy and then throwing him under the bus. Dinesh Shah was the only one who went to prison of the three. Will the ladies dodge prison a second time? They were  each sentenced to 10-...

Convicted Fraudster Gregg Blaney Is Back Cruising For Tricks In Detroit’s Real Estate Underworld Convicted fraudster Gregg Blaney thinks he’s being sneaky. He thinks he can weasel his way back into real estate and mortgage lending. He believes he can do it under the radar of federal and state agencies. Unfortunately for him, MFI-Miami found out last week that Blaney is trying to weasel his way back into lending and real estate  in violation of a court order . So it’s only a matter of time before he gets busted and is sent back to a life of making merlot in prison cell toilets. We’re watching him and soon federal officials and the state of Michigan will be knocking on his door. Gregg Blaney was  convicted of mortgage fraud in 2013  on at least 10 properties in Detroit  from June 2006 through December 2007 . Federal prosecutors were able to prove that Blaney was buying homes using straw buyers. Read more at MFI-Miami

Beaumont Hospital Gives Quicken Loans Owner Dan Gilbert Complimentary Drool Cup As He Leaves For Rehab Beaumont Hospital in suburban Detroit has released Quicken Loans owner Dan Gilbert. Gilbert suffered a near-fatal stroke right after Memorial Day. Quicken Loans and Gilbert’s family have given few details about Gilbert’s diagnosis or prognosis since his stroke. Doctors who have not treated Gilbert said  the catheter procedure is indicative of treatment for a severe ischemic stroke. An ischemic stroke is when a large clot blocks the blood supply to the brain. As a result, brain cells begin to die due to lack of oxygen. Quicken Loans CEO Jay Farner told the media on Thursday: Dan Gilbert was discharged from the hospital and will now continue focusing on his recovery at an in-patient rehabilitation center.   The entire family is incredibly grateful for the world-class care Dan received from the entire staff of Beaumont Hospital. Dan is looking forward to beginning...

Fort Lauderdale Drug Dealer Ratted Out By His Baby Mama And Her Satan Worshipping Junkie Brother Fort Lauderdale drug dealer  Travis Herbert  had a great drug and sex trafficking ring going. He was crashing in a posh white neighborhood using an apartment in someone else’s name at  307 Palm Avenue in Fort Lauderdale . He was also able to use the drug and sex trafficking money to pay the child support payments to his baby mama,  Trisha Martinez .  That was until Martinez’s satan worshipping junkie and convicted felon brother  Eric N. Martinez  and an accomplice thought it would be a good idea to rob a house in Boca Raton. The Palm Beach County Sheriff’s Department took a report. However, it soon became clear they were only going to do a token investigation. The rationale was it wasn’t worthy of an investigation.  28-year-old Eric Martinez and his accomplice also left so many clues pointing to Martinez that they would give Nancy Drew a...

New York Teacher And Part-Time Drug Dealer Roughs Up Student Who Owed Him Money For Drugs A New York teacher recruited a student to help him score $4,000 worth of illegal drugs. The New York science teacher beat the teen senseless when he found out the kid pocketed the cash. Kevin Pope  also stole the teen’s iPhone  and wallet and threatened to brutally rape his mother if he didn’t get his money back. Pope allegedly told the student after pummeling him like a capo in The Sopranos: I want my money in a month! I will kill you if I don’t get my money! Police have charged the science teacher with assault and robbery in the in the attack at the school. Read more at MFI-Miami

Mortgage Elimination Company Owner Jacqueline Graham Convicted In $38 Million Scam  A federal jury has convicted Jacquelyn Graham of conspiracy to commit bank fraud, wire fraud, and mail fraud. Graham and her co-conspirators ran a mortgage elimination scam that preyed on the elderly and vulnerable. Jacqueline Graham preyed on vulnerable homeowners who could not afford their mortgage payments during a time of crisis in the housing market.  Because of her greed, these homeowners ended up financially worse off than when they found her.  We will continue to work with our law enforcement partners to bring to justice those who victimize the vulnerable. Read more at MFI-Miami

Quicken Loans Throws In The Towel And Agrees To Settle DOJ’s False Claims Act Lawsuit For $32.5 Million Quicken Loans and Dan Gilbert did something Gilbert claimed they would never do. They caved to the government. They agreed t0 settle with the government over Quicken Loans FHA lending practices. Quicken has agreed to pay the government $32.5 million to resolve claims that it violated the False Claims Act. The agreement also puts the highly contentious dispute with HUD and the DOJ to rest. The DOJ alleged that Quicken instituted an underwriting process that encouraged employees to disregard FHA rules. The DOJ also alleged that the lender falsely certified underwriting requirements to reap the profits from FHA-insured mortgages. DOJ filed a lawsuit  against Quickens alleging that Quicken Loans bullied appraisers to receive higher values for applicants and that underwriting managers encouraged underwriters to “fudge” the incomes of hundreds of applicants. Read mo...

Amateur Investor Thought He Scored A Villa For $9,100 At The Broward County Auction. He Got A Foot-Wide Strip Of Land. Amateur investor Kerville Holness thought he’d done a great job snapping up a $177,000 Tamarac villa at the Broward County auction for only $9,100. However, that’s not what he bought during  the online property tax auction . He got a 1-foot-wide, 100-foot-long strip of land on Northwest 100th Way. The strip is only valued at $50. The parcel starts at the curb where two mailboxes have been installed. The property goes under the wall separating the garages of two adjoining Spring Lake villas. It then extends out to the back of the lot. Broward County auction officials say the sale is final. So what can Holness do now? Make the people living there get their mailboxes off his grass? Remove the water meters that are in his ground? Maybe try to charge rent to both villas for the joint wall and roof that sit on his land? What he wants is for the county to...

Ocwen Financial Drops The Name Ocwen. It Will Now Operate As PHH Mortgage And Liberty Home Equity Solutions Former PHH Mortgage And Current Ocwen CEO Glen Messina Ocwen Financial announced earlier this week it was following in the footsteps of  Nationstar  and changing their name. The company says that it has developed a plan to service loans through two primary brands. The mortgage servicer announced they would operate as PHH Mortgage for forward servicing and lending and Liberty Home Equity Solutions for reverse lending and servicing. Ocwen Financial said it has completed the final phase of transferring approximately one million loans from REALServicing to Black Knight LoanSphere. The company  announced  it was transferring the loans back in 2017. A CFPB lawsuit revealed a host of issues that Ocwen’s head of servicing described as “ridiculous” and a “train wreck.” It seems as if that disaster is finally behind the mortgage giant. Ocwen is now focused on ...

Millennials Are Leaving The US In Droves As A Solution For The Student Loan Debt Crisis  Some student-loan borrowers have fled the US as a solution to the student loan debt crisis.  A report on  CNBC  says millennials are fleeing the United States for better job prospects and so creditors can’t pursue them. One borrower told CNBC he relocated to India after failing to find a well-paying job after college. He said found the cost of living much cheaper than in Colorado. He also said his student loan lender couldn’t collect from him. One borrower who fled to Japan told CNBC she worked multiple jobs to pay off her loans but still could not afford health insurance: I wish I could come back to America and not be scared. There is no data surrounding the number of borrowers who fleeing the US to avoid paying off their student loans. However, there are dozens of social media sites of people who have fled the US over the student-debt crisis. Read more at MFI-M...

Comerica Bank Senior Vice President Carl Spradlin Busted For Involvement In Kiddie Sex Ring Genesee County Sheriff’s Office says Comerica Bank Senior Vice President  Carl Spradlin  was one of  22 people for human trafficking crimes . The Genesee Human Oppression Strike Team (GHOST) arrested the individuals for soliciting sex from underage children. The suspects were targeting children for sex in Genesee County. GHOST was able to the infiltrate the dark web group. Sheriff Robert Pickell told the media: We used to worry about children when they were outside the house. Now we have to worry about them when they are inside the house up in their bedroom and browsing on their computer. Genesee County Sheriff’s Office singled out three suspects. Yhe Sheriff’s Office named respected Flint financial planner John Barrows. Sheriff Robert Pickell also called out Comerica Bank Senior Vice President Carl Spradlin. Spradlin is a Comerica Bank is in charge of compliance. ...

SEC Plays Dean Wormer To UG Frat Boy Accused Of Running Fraudulent Hedge Fund Out Of Frat House The SEC is accusing former UG frat boy Syed Arbab of allegedly running a  fake hedge fund out of a frat  house. SEC investigators say Arbab untruthfully portrayed himself as a  University of Georgia  graduate who was working on a master’s degree in business administration. He was a student at the university in Athens. However, he had not yet received his undergraduate degree. Now the SEC pulling a  Dean Wormer from  Animal House and putting their foot down. The SEC filed a six-count civil complaint in a Georgia federal court. The government claims Arbab sold investments in the hedge fund that never existed. He spent some of the funds on liquor, hotels, gambling and a Las Vegas trip. The SEC alleges the 22-year-old received at least $269,000 from no less than eight investors. Consequently, he transferred much of the money to his personal bank account...

FORT LAUDERDALE TOURIST WARNING! Drug And Sex Traffickers Use Hordes Of Drug Addicts To Prey On Tourists Fort Lauderdale is a tourist mecca. Thus, tourism has become the backbone of its economy. However, Fort Lauderdale has also become a mecca for hordes of homeless drug addicts from across the United States. The national drug epidemic is about to destroy the FortLauderdale’s reputation as an affordable place for fun in the sun. Especially to budget conscience tourists looking for deals. Fort Lauderdale’s south end is attractive to budget conscience tourists looking for cheap deals and it’s proximity to the airport and the beaches. However, it is also attractive to the junkies and crackheads that roam Federal Highway on any given day hustling drivers for money to feed their hourly fix. The women usually offer cheap sexual services to single men. The woman hops in the man’s car and gets him to pay for sex. Only she jumps out of the car as soon as money is in her hand. Many ...

Illinois Senior Threatens To Come Back To Shoot Up His Bank If They Foreclose On His Home Peoria County Sheriff’s Office says an Illinois senior facing foreclosure  threatened to come back to his bank with a gun . It is unknown if the man was inspired by the Roddy Piper classic,  They Live . The 67-year-old Illinois senior arrived at Princeville State Bank just before 10 am on May 22nd. He became agitated and began threatening employees. The bank claims they had  tried to negotiate a loan modification  with steaming sexagenarian on his home loan. However, he never made payments. Thus, the bank began foreclosure proceedings. Read more at MFI-Miami

African-American Households In Chicago Lost Billions Of Dollars Due To Predatory Lending Contracts  African-American families in Chicago  lost between $3 billion and $4 billion in wealth because of predatory lending contracts during the 1950s and 1960s. African Americans used lending contracts or Land Contracts during the Jim Crow Era because white-owned banks would not lend them money. Lending Contracts and Land Contracts are purchase agreements with payment plans.  The seller transfers the deed to the property when the final payment is made.  The Samuel DuBois Cook Center on Social Equity at Duke University and the Nathalie P. Voorhees Center at the University of Illinois-Chicago published,  “The Plunder of Black Wealth in Chicago: New Findings on the Lasting Toll of Predatory Housing Contracts.” The paper calculated how much money  black Chicago homeowners lost using  predatory lending contracts during the 1950s and 1960s  Re...

The Owners Of The 5,600-Square-Foot Tony Soprano House Have Set A Starting Price Of $3.4 Million The house in Caldwell, New Jersey used as the  home of fictional mobster  Tony Soprano is on the market.   Patti and Victor Recchia have owned the roughly 5,600-square-foot home for 32-years. They have listed the house at a “starting price” of $3.4 million. The house includes the main house with four bedrooms and four full bathrooms and a powder room. In addition, it also has two two-car garages and a detached one-bedroom guesthouse. The property taxes are $34,005 a year. The price is ambitious. Homes in the neighborhood have  sold for between $1.5 million and $2 million  according to Zillow. Mr. Recchia built the house through his construction company said the value exceeds the brick and mortar. Read more at MFI-Miami