MFI-Miami Blog

CORONAVIRUS MORTGAGE FORBEARANCE WARNING! FHA-OIG Busts Mortgage Servicers Deceiving Homeowners  MFI-Miami has issued a  Coronavirus Mortgage Forbearance Warning!  The FHA-OIG has issued a scathing report saying mortgage servicers are deceiving homeowners about Coronavirus Mortgage forbearance programs. HUD and FHA refused to publicly say which mortgage servicers were deceiving homeowners. However, they did say they have put them on notice.  HUD-OIG said it reviewed the websites of the top 30 FHA servicers. These mortgage servicers account for 90.5% of all servicing on FHA loans. The CARES Act stipulates that a borrower can request a 180-day forbearance by FHA or a GSE lender if they are experiencing a COVID-19-related hardship. Read more at MFI-Miami 

Stop FHA Mortgage Foreclosures With An Aggressive FHA Foreclosure Defense! How do you stop FHA mortgage foreclosures? 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 CE...

The Massachusetts Courts Have Given The Green Light To A New FHA Foreclosure Defense Strategy FHA foreclosure defense is easier than conventional foreclosure defense because the FHA lending rules are codified. This means that that the United States Congress has voted on it and made it law. However, that doesn’t make the process of saving your home any less painful. You still need to deal with   local judges who are clueless   when it comes to lending laws.  One particular FHA foreclosure defense strategy that seems to be working with the courts is   24 CFR 203.604. 24 CFR 203.604  requires a face-to-face meeting between the lender and the homeowner within the first 61 days of the default to find a solution. If they don’t comply with this law, then they can’t foreclose. However, most mortgage servicers and foreclosure mills ignore this law and for good reason. It delays them from cashing in on the FHA insurance claim. This where you ca...