MFI-Miami Blog

  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

  JPMorgan Chase Busted Being Involved In Stealth Partnership With Liberal Groups To Unseat President Trump JPMorgan Chase busted running a clandestine operation to unseat  President Trump  and elect  Joe Biden for President . MFI-Miami has learned about the operation thanks to someone at JPMorgan Chase dropping the ball over a decade ago. In addition, JPMorgan Chase had sloppy recordkeeping during the early days of the financial crisis. As a result, this led us to where are today.  Confused? Let me explain. About 11 years ago, I had a client named Talisha who had two old WaMu mortgages with JPMorgan Chase. During the course of my investigation, I requested documents about her loan from JPMorgan Chase. Somehow a low-level employee put my cell phone number on the file as Talisha’s primary contact number. In April 2009, I handed the report about the investigation to her attorney. Then the nightmare began. For 3 years, Chase bombarded me with phone calls asking for...

  Hawaiian Foreclosure Defense Attorney Gary Dubin Disbarred About Previous Legal Issues And For Defrauding Clients  The Hawaiian Supreme Court  has disbarred  Hawaiian foreclosure defense attorney Gary Dubin. The court entered a final order imposing the sanction of disbarment effective Friday, October 9, 2020. However, the court did give Dubin an extension to November 9, 2020, to wrap up his business. The court also is requiring Dubin to notify his clients of his disbarment. The Hawaiian foreclosure defense attorney says he will appeal to the US Supreme Court. The Hawaii Supreme Court found Dubin had committed multiple serious acts of misconduct. Specifically, in Office of Disciplinary (ODC) Case No. 16-O-151. In that case, the court found that Dubin knowingly lied about his past. Dubin stated in a 2008 mortgage solicitor license application that he had not been convicted of a crime within 20 years. It was discovered this was not true.  Read More At MFI-Miami

  Massachusetts Housing Courts Reopen Amid Protests Massachusetts Governor Charlie Baker reopened the Massachusetts Housing Courts. Thus ending the state’s foreclosure and eviction moratorium. The courts opened Monday.  Trial Court Chief Justice Paula Carey said the  courts expect anywhere from 25,000 to 200,000 cases  in the coming months. Prior to the pandemic, state housing courts averaged about 3,300 cases per month, so that would be a big increase. But just how big remains to be seen. However, a growing chorus of state and local officials are urging Baker to extend the state’s strict ban on evictions. Massachusetts AG Maura Healey also joined the chorus. Healey told the Boston Globe that Baker’s $171 million plan set up to blunt a tsunami of evictions is a good step. However, Baker’s program won’t be ready in time to help tenants who are currently struggling. Read More At MFI-Miami

  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...

  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...

  Florida Governor Lets Florida Foreclosure Moratorium Expire! Sub-Prime Lenders Say, "Full Steam Ahead!"    Florida Governor Ron DeSantis announced last week that he will not be extending the Florida foreclosure moratorium. The moratorium expired at midnight on October 1st. Now, sub-prime lenders and landlords are jumping for joy. They are lining up at courthouses across Florida to foreclosure and evict people. It has also left Florida homeowners in sub-prime loans without statewide protections against evictions and foreclosures. The state initiated the moratorium in April as a result of the coronavirus pandemic. However, the end of the moratorium does not affect mortgages underwritten by Fannie Mae, Freddie Mac, or FHA. The government agencies have extended the moratoriums until the end of the year. The Urban Institute has estimated that about 70% of homeowners have a federally backed mortgage.  

  SLS Shaking Down Homeowners Over Bank Of America Zombie Mortgages. Problem Is, SLS Can’t Prove They Own The Debt. Is SLS shaking down homeowners again? It appears they are. This time like a mafia crime boss. Unfortunately, this time it appears Specialized Loan Servicing bought a U-Haul truck full of worthless paper from Bank of America. Yet, that hasn’t stopped the lender from trying to  play Tony Soprano .  About five years ago, bean counters at Bank of America figured out a way to make a few bucks. They decided to sell their worthless paper to any sap servicer and investor. BofA charged off the majority of these loans as being uncollectable. They loaded up bankers’ boxes full of these garbage loans and put them in storage units around Dallas, TX and Charlotte, NC. Then, like a scene out of  Storage Wars , second-tier and third-tier servicers like SLS would bid on the hundreds of bankers’ boxes in the storage unit.  Read More at MFI-Miami

  The FDLE And FBI Are Wrapping Up Their Investigation Into Mark Stopa’s Alleged Equity Skimming Scheme. Is Mark Stopa Going To Prison? Rumors are running rampant in the Tampa/St. Petersburg area about Mark Stopa going to prison. MFI-Miami has learned from multiple sources that the criminal investigation into Mark Stopa’s alleged equity scam is wrapping up. So, the million-dollar question is, is Mark Stopa going to prison and for how long? No one is saying how long he could be going to prison. A jury will have to decide that. It also depends on what federal and state prosecutors put in the indictment(s). Yes, sources are also saying the indictments are coming sooner than later. We can expect to see them by the end of the year.  Read More At MFI-Miami

  MFI-Miami Launches The SLS COVID-19 Foreclosure Defense Hotline! Call Us At 888.737.6344 MFI-Miami has created the SLS COVID-19 Foreclosure Defense Hotline. If you're facing foreclosure from SLS during these perilous times during the coronavirus pandemic, we can help. Call 888.737.6344. The coronavirus pandemic has put America is in a crisis. MFI-Miami is doing our part to help during these perilous times. Unfortunately, SLS doesn't see it that way. It appears they have ignored President Trump's call for a payment and foreclosure moratorium. Yes, we know this for a fact. An MFI-Miami client was served with a foreclosure lawsuit by SLS during this national emergency. An MFI-Miami client claims they have been threatened with foreclosure lawsuits by SLS during this national emergency. Yes, we know this for a fact. An MFI-Miami client was served with a foreclosure lawsuit by SLS during this national emergency. As a result, MFI-Miami has created a foreclosure defense team excl...

  MFI-Miami Launches The CENLAR COVID-19 Foreclosure Defense Hotline! Call Us At 888.737.6344 MFI-Miami has created the CENLAR COVID-19 Foreclosure Defense Hotline. If you’re facing foreclosure from CENLAR during these perilous times during the coronavirus pandemic, we can help. Call  888.737.6344. The coronavirus pandemic has put America is in a crisis. MFI-Miami is doing our part to help during these perilous times. Unfortunately, CENLAR doesn’t see it that way. It appears they have ignored President Trump’s call for a payment and foreclosure moratorium. An MFI-Miami client claims they have been threatened with foreclosure lawsuits by CENLAR during this national emergency. As a result, MFI-Miami has created a foreclosure defense team exclusively for CENLAR. The team’s focus will solely be on helping homeowners develop strategies to fight CENLAR! The CENLAR COVID-19 Foreclosure Defense Hotline Is Here To Help You! Call 888.737.6344 We are the only foreclosure and mortgag...

  Is Adrienne Federico Divorcing Mark Stopa Because Of His Self Professed Sexual Liaisons With Foreclosure Mill Attorneys? Adrienne Federico and disbarred foreclosure defense lawyer Mark Stopa have had a rocky marriage. It appears Stopa’s legal issues and loss of income have put further strains on an already tumultuous relationship. As a result, Adrienne Federico appears to be at her wit’s end according to family friends. With Stopa’s self-professed extramarital affairs, mounting legal issues, and ongoing FDLE investigation, is a knock out battle royale style divorce imminent? Federico has endured a lot during her 18-year marriage to Stopa. For starters, she has had to endure Stopa’s legendary anger management issues. If his anger management issues at home are anything  like they are in court , Federico should be canonized for sainthood for putting up with him.  Read More At MFI-Miami

  Capital One Data Breach Compromised The Personal Information of 106 Million Customers In 2019  Capital One Financial has been fined $80 million by the FDIC for  a 2019 data breach . The breach comprised the personal information of  106 million credit cardholders and applicant s. The  Federal Reserve Board  also demanded the company enhance its risk-management program and related governance and controls around cybersecurity and information security. The hack took place when the bank transferred information-technology operations to the public cloud. It was one of the largest-ever data breaches of a big bank. The Office of the Comptroller of the Currency said the bank failed to establish effective risk assessment processes. The OCC also alleged Capital One failed to correct the deficiencies in a timely manner. Read More At MFI-Miami

Soviet Era Breadlines Coming To America As 40 Million Americans Face Homelessness Due To Trump Housing Crisis The Trump Housing Crisis has arrived. Just ask Timothy Young. Two days after the  eviction moratorium in Maryland expired , Young and his family scrambled to move out of their duplex. They’d received their notice to vacate.  Young told  CNBC  that he’s applied to more than 400 jobs over the last few months. Yet, nothing has panned out. As a result, he was months behind on his rent. Young and his wife Tammy spent a whole day trying to find a shelter that would take them.  Eventually, they found one that would let Tammy and their two children spend the night. Young, the kitten and dog spent the night in a storage unit. Young fears that the state will put his kids in foster care: Read more at MFI-Miami

Disgraced Mini-Me Lawyer Mark Stopa Bitch Slapped By Judge In Bizarre Lawsuit Against MFI-Miami It seems as if someone wrote a book about Mark Stopa and his wife, Adrienne Federico People keep asking me for the latest information regarding mini-me lawyer Mark Stopa. Here it is in a nutshell. It seems to be the only activity with Stopa’s lawsuits is against Kevin Cannon. Stopa hasn’t filed anything in his case against me since April 10th. In April, Stopa filed a motion requesting an injunction demanding I take down any articles I had written about his legal troubles and disbarment. Judge Minkoff stamped the motion,  “READ BUT NOT SIGNED”  in 18-point bold typeface. In other words, he denied Stopa’s motion. It’s clear that Judge Minkoff is sending Stopa a clear message. What that message is, is anyone’s guess. However, the Florida Department of Law Enforcement is still investigating Stopa’s  alleged equity skimming scheme  and allegations that he ripped off clients. Re...

COVID-19 RELIEF FRAUD ALERT! Florida Man Busted For Buying Sports Cars And Wining And Dining Whores With PPP Bailout Money MFI-Miami has issued it’s first COVID-19 Relief Fraud Alert and this one is big! The federal government  has indicted Relocation company owner David T. Hines . Prosecutors allege Hines lied to Bank of America in an attempt to pocket $13.5 million in PPP bailout loans. Bank of America approved three of the applications for $3.9 million. The bank began sending the funds to Hines on May 11th. Hines’ four South Florida moving businesses applied for seven SBA loans totaling $13.5 million through the BofA. Hines claimed the money was to cover the costs of at least 70 employees with a monthly payroll of $4 million. However, the bank approved three of his applications, totaling $3,984,557. The reality was that Hines’ companies showed monthly revenue and expenses averaging about $200,000. This is far less than the millions of dollars in payroll that Hines sought in the ...

The Grim Reaper Of Retail Claims Another Victim As Mall Owner CBL Plans On Filing For Chapter 11 Bankruptcy The grim reaper has dealt another blow to the agonizing death of American retail. Mall owner  CBL & Associates Properties  is preparing to file for bankruptcy according to people with knowledge of the plans. CBL operates 110 shopping malls in the United States. The company is negotiating with its lenders in an effort to enter Chapter 11 with a consensual restructuring agreement in place. However, bankruptcy restructuring plans aren’t final and elements could change. CBL declined to comment about their pending bankruptcy. CBL operates mostly so-called Class B malls. The struggles of retailers have impacted the mall owner.  The struggles of Dick’s Sporting Goods and Ascena Retail Group have hit CBL’s bottom line hard. The two retailers are among the landlord’s top tenants based on last year’s revenue. CBL’s own financial distress shows the impact of retail-sector ...

Morbidly Obese Sheriff From Michigan Creates A Dragnet To Chase Down Guy From Facebook Who Called Him A Fat Ass An obese Michigan sheriff created a dragnet of detectives to investigate a Facebook message he received calling him a fat ass. Newschannel 3  in Kalamazoo, MI obtained the report through an FOIA request. The report revealed Kalamazoo County Sheriff Richard Fuller ordered detectives to hunt down the man accused of sending the message. Calling your elected officials names is not a crime. Yet, the report showed Fuller sent a squad of detectives to talk to the man. The man allegedly wrote the sheriff on Facebook saying: You’re a fat ass who needs to go on a diet. Stop us from living. Come get me if you want me tubby as fat bitch. Read more at MFI-Miami

Caliber Home Loans Management Will Do Business With Convicted Sex Predators But Shuns AIME Because Of Past CEO’s Sexist Comments  Caliber Home Loans broke off ties with AIME because of Anthony Casa’s unprofessional conduct. Yet, Caliber does business with convicted sex predators. Caliber Home Loans management stated that it will continue the company’s suspension with the  Association Independent Mortgage Experts .  That suspension will continue until former CEO Anthony Casa is totally off the AIME’s payroll. Yet, Caliber Home Loans management doesn’t seem to have an issue doing business with convicted sex predators and kiddie porn peddlers.  Several weeks ago, Casa  blasted out a video making comments  about Quicken Loans EVP Austin Niemiec’s hairstylist wife. Casa stated that Theresa Niemiec performed oral sex on the CEO of a Quicken Loans rival.  Naturally, Casa’s video created a lot of noise in the industry. Everyone in the mortgage industry was up ...

AIME CEO Takes Leave Of Absence After Making Comments About Quicken Executive’s Wife Playing The Skin Flute Anthony Casa announced he will be stepping back as AIME CEO. Casa started the  Association of Independent Mortgage Experts  several years go. The group educates and fights for the rights of mortgage brokers. Casa faced a serious backlash  from a video  he sent to prominent influencers in the mortgage industry. Casa makes comments about Quicken Loans EVP Austin Niemiec’s hairstylist wife performing oral pleasure on the CEO of a Quicken rival.  The video was sent to Paramount Residential Mortgage Group Chief Lending Officer  Kevin Peranio  and Mount Diablo Lending Broker/Owner Ramon Walker.  Casa’s video soon blew up in his face.  Theresa Niemiec soon filed a  defamation lawsuit . Read More At MFI-Miami