MFI-Miami

September 2018

South Florida Foreclosures

South Florida Foreclosures Are Skyrocketing

South Florida Foreclosures Are Skyrocketing Thanks To The Florida Supreme Court South Florida Foreclosures By Numbers A new study by Attom Data Solutions shows that South Florida foreclosures are skyrocketing.  Florida had one of the highest rates of foreclosure starts in the United States in August compared to the same period last year. The report shows one […]

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FTC Shuts Down Websites Preying On Section 8 Renters

FTC Shuts Down Websites Claiming To Have “Exclusive” Access To Section 8 Rental Listings The Federal Trade Commission shut down a series of real estate websites in California that targeted Section 8 voucher recipients. The FTC claims the sites falsely promised “exclusive” access to rental listings in exchange for a monthly or weekly subscription fee. Steven and

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Trump Tower Condo Values Continue To Plummet By Double Digits

Trump Tower Condo Values Continue To Plummet. Owners Panic As Values Plummet 30% In Less Than 3 Years! There is one piece of silver lining in Paul Manafort’s deal to forfeit his real estate holdings as part of his plea deal with Special Prosecutor Robert Mueller. He won’t have to wait months to sell his condo in

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porsche

Porsche Salesman Disappears After Pocketing $2.5 Million In Deposits

Champion Porsche VP Disappears After Pocketing $2.5 Million In Deposits From Wealthy Car Buyers The largest Porsche dealership in North America is facing a serious problem. Champion Porsche’s vice president of marketing, Shiraaz Sookrali has vanished without a trace. This would be a missing person case of a missing person except for one thing. Sookrali took

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Porsche Salesman Disappears After Pocketing $2.5 Million In Deposits Read Post »

mortgage application fraud

Mortgage Application Fraud Skyrocketing By Double Digits

Core Logic Says Mortgage Application Fraud Has Skyrocketed By 12.4% In the Past Year  Core Logic has issued their new Mortgage Fraud Report and it’s not looking good. The report states there has been a 12.4% increase in mortgage application fraud since the second quarter of 2017. This is the highest increase in seven years according to

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