MFI-Miami

October 2018

Wells Fargo Mortgage Originations

Wells Fargo Mortgage Originations Continue To Plummet!

Rising Interest Rates And Stiff Competition Are Causing Wells Fargo Mortgage Originations To Plummet Wells Fargo mortgage originations continue to plummet as interest rates have risen over the last several months. Wells Fargo says that it originated $46 billion in mortgages in the third quarter. This is down 22% from last year’s total of $59 billion during the […]

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Mortgage-backed Securities

Mortgage-Backed Securities Abuses Cause HSBC Pay $765 Million

HSBC Agrees To Pay $765 Million In Connection With Its Sale Of Residential Mortgage-Backed Securities The United States Attorney’s Office in Denver announced today that HSBC will pay $765 million to settle claims related to its packaging, securitization, issuance, marketing and sale of residential mortgage-backed securities (RMBS) between 2005 and 2007. Federally insured financial institutions

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Florida Foreclosure Mills Got Bailed Out By The Florida Supreme Court

The Florida Supreme Court’s Bartram Decision Was Nothing More Than A Bailout For Florida Foreclosure Mills Homeowners began beating Florida foreclosure mills about five years ago. Thus, they were able to keep their home mortgage-free. However, they were winning because of some dramatic court showdown reminiscent of Roe v. Wade or Brown v. Board of Education.

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Bronx Foreclosures

Stopping Bronx Foreclosures

Stopping Bronx Foreclosure Defenses With New York’s Produce the Note Law Use NYS Foreclosure Laws To Stop Bronx Foreclosures You can use New York law to stop Bronx foreclosures. Furthermore, state law ensures that the foreclosing party has the correct documents in place. New York law requires that the foreclosing party “produce the note” to

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Queens Foreclosures

Stopping Queens Foreclosures

Stopping Queens Foreclosures With New York’s Produce the Note Law Foreclosure Laws In New York Make Fighting Queens Foreclosures Easy For the Right Team! New York law makes fighting Queens foreclosures easier than most states. Furthermore, state law ensures that the foreclosing party has the correct documents in place. New York law requires that the

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