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Celink Settles Department Of Justice Lawsuit For $4.25 Million

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Department of Justice Accused Celink Of Wrongfully Collecting Interest On FHA Insurance  Celink has settled a federal lawsuit alleging that it violated the False Claims Act servicing of reverse mortgage loans. The Michigan-based servicer agreed to fork out $4.25 million to resolve the matter. However, they did not admit liability nor did they accept responsibility for collecting the illegal fees. The suit alleged that Celink received interest on insurance payments from FHA for loans that were ineligible for such payments. The Department of Justice alleged the loans did not meet the requirements for interest payments. Federal lawyers allege they were not eligible for a number of reasons. The loans did not meet deadlines for obtaining a property appraisal. They also failed to meet deadlines when commencing foreclosure proceedings. The mortgage servicer also failed to exercise reasonable diligence in completing the foreclosure. The reverse mortg...

Celink Reverse Mortgage Servicing Foreclosure Defense

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Are You Armed With The Right Weapons To Take On Celink Reverse Mortgage Servicing? MFI-Miami  has created a foreclosure defense team exclusively for Celink Reverse Mortgage Servicing. The team’s focus will solely be on helping homeowners develop strategies to fight Celink Reverse Mortgage Servicing!  We are the only foreclosure and mortgage experts with the strength to successfully challenge Celink Reverse Mortgage Servicing. Our competitors show off one or two victories against Celink Reverse Mortgage Servicing. 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 Celink Reverse Mortgage Servicing foreclosure defense team is Celink’s worst nightmare. Why?  MFI-Miami  has successfully challenged some of their most arrogant foreclosure mill lawyers. MFI-Miami  CEO Steve Dibert has developed a reputation for staring down the Wall Street banks. He has even h...