MFI-Miami Blog

Countrywide Financial May Be Gone But It’s America’s Wholesale Lender Scam Is Creating Title Nightmares Decades Later Former Countrywide Financial CEO Angelo Mozilo. The mastermind behind Countrywide’s America’s Wholesale Lender scam MFI-Miami has been receiving lots of phone calls lately about the now-defunct Countrywide Financial’s America’s Wholesale Lender scam. Distraught title agents and homeowners are calling MFI-Miami in a panic. They are asking what to do about mortgage liens under the name  America’s Wholesale Lender . These mortgages are from over 15 years ago. They have never been discharged or recorded on the public record as being satisfied. Thus, this creates a title nightmare for homeowners trying to sell their home or refinance. Countrywide Financial created America’s Wholesale Lender around 2001 to separate loans originated by their wholesale division and their retail divisions. If your mortgage says,  America’s Wholesale Lender , you need to...

Bank of America Executive Busted Berating Employees Who Wanted To Work From Home Over COVID-19 Fears Bank of America Executive Fabrizio Gallo Leaked audio has revealed a Bank of America executive Fabrizio Gallo was caught berating traders who planned to work from home during the  coronavirus  pandemic. CNBC obtained a leaked recording of the shocking remarks. Financial experts have also called the comments cold-blooded. The head of Bank of America’s Global Head of Equities told the bank’s top equity and equity derivatives traders that long-term remote work would not be an option on the March 25 conference call. Gallo said in the recording: Of course, we are going to entertain special cases but not the ‘I don’t feel comfortable, sorry.’ It doesn’t work that way over the long term. At some point in time, one has to make a decision. And we cannot provide proper and orderly markets if 99 percent of the population decides they don’t feel comfortable. Read more at M...

Bank Of America Offers Coronavirus Relief To Bank of America Mortgage Customers Bank of America mortgage customers affected by the Coronavirus will be getting a break. The bank announced Thursday afternoon it was offering relief for consumers and small business clients impacted by the coronavirus. According  to the bank , Bank of America mortgage and home equity customers can request to defer their payments for up to 6 months while the virus crisis rages. The bank would then add the mortgage payments to the end of their loan. Basically, borrowers can get a break on their payments but will have to make those payments eventually. Bank of America stated the payment deferral will be available on a case-by-case basis. The bank stated the payment deferral program can also be extended on a month-to-month term. Read more at MFI-Miami

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

Did Bank of America Foreclosure Mill Alter Mortgage Documents In A Foreclosure Case? MFI-Miami has busted a suburban Milwaukee foreclosure mill for filing altered mortgage documents as evidence in a foreclosure case. The Bank of America Foreclosure Mill is BP Peterman Law Group. BP Peterman Law Group was representing Bank of America in a foreclosure action against Dwayne Mosley. Bank of America panicked after learning Mosley had hired MFI-Miami to investigate the file. As a result, they sold the mortgage to Carrington Mortgage Services during litigation.  Here’s what happened: On February 20, 2018, BP Peterman filed a foreclosure complaint against Mosley in the Waukesha Circuit Court. As in any judicial foreclosure, the lender’s lawyer must provide a copy of the mortgage along with mortgage assignments and the note with any allonges as exhibits in the complaint. Attorneys are also supposed to redact any personal information from a lawsuit. This includes social secu...

The Bank of America Hotline Arms You With The Firepower To Fight A Bank of America Foreclosure! Call 888.737.6344 MFI-Miami has created a Bank of America Hotline to put you in touch with our Bank Of America foreclosure defense team. 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

Bank of America Warning! Can Bank of America Validate Your Mortgage Debt? Probably Not! Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm  MFI-Miami , announced today that  MFI-Miami  has discovered serious flaws in the way Bank of America validates debt owed by homeowners. As a result, MFI-Miami has issued a Bank of America Warning to homeowners.  MFI-Miami CEO Steve Dibert: Homeowners need to request their complete mortgage transaction histories from Bank of America and review them. If there is missing information or if something doesn’t look right, they need to contact a lawyer or a properly trained mortgage fraud expert immediately! MFI-Miami  has examined nearly 150 transaction histories from mortgage loans currently serviced by Bank of America since 2015. Nearly 125 of these contained serious accounting flaws in the transaction histories. These flaws would call into question the amount homeowners owe on their mor...

America’s Wholesale Lender Fraud Hotline Helps You Fight Back Against Countrywide Financial’s Biggest Scam Former Countrywide Financial CEO Angelo Mozilo MFI-Miami  has created an America’s Wholesale Lender Fraud Hotline to help victims of Countrywide Financial’s biggest scams. Call 888.737.6344 to learn more. There is a good possibility your Countrywide mortgage and note you received through a mortgage broker during the housing boom states the lender is  America’s Wholesale Lender. If you do, you need to call for help because you are a victim of a multi-billion dollar fraud. Countrywide began using the name around 2001 to determine which loans were originated on the wholesale market.  Countrywide Financial claimed  America’s Wholesale Lender  was a DBA of Countrywide Home Loans. The problem is it’s not. The corporation and/or the DBA never existed. Let me explain. Re ad more at MFI-Miami

Federal Judge In Maryland Green Lights Bank of America Housing Discrimination Lawsuit  A federal judge in Maryland denied a motion Thursday to dismiss a Bank of America housing Discrimination lawsuit. 20 housing groups and two homeowners filed the suit against Bank of America and Safeguard Properties Management.  The  suit was  filed in June of 2018. The housing groups accuse the two companies of intentionally failing to provide routine exterior maintenance. They also accuse BofA of not marketing the BofA-owned homes in Black and Latino neighborhoods. However, BofA consistently maintains similar bank-owned properties in white neighborhoods. Plaintiffs also say BofA actively markets those properties. NFHA said the lawsuit was the culmination of a multi-year investigation by the organization and its fair housing partners. The review included more than 1,600 Bank of America-owned homes in White and minority neighborhoods. Read more at MFI-Miami

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...