The MFI-Miami Mortgage Fraud News Blog offers the latest in mortgage industry and banking news. Along with the latest warnings about lenders downsizing or shutting their doors.
The blog also posts warnings about the latest scams. We also write about busted scammers and other shysters who prey on the vulnerable.
We also offer opinions and sometimes we’ll dab our toes into local politics. Especially, if the story is really juicy. However mortgage fraud news is what we love to cover.
MFI-Miami will also promote specials we are running on our blog. We will also write about new foreclosure defense strategies and areas that we are covering with partnered law firms.
You will also read stories about people losing their homes. In addition, you will read David and Goliath stories about people successfully standing up to their lenders to fight for their home.
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Elderly Romspen Investors Forced To Eat Cat Food As Romspen Reports Investor Fund Profits Increased 8% Annually Since 2018 Elderly Romspen investors are being forced eat cat food. Why? Rospen hasn’t paid full investor redemptions since December 2019. Yet, Romspen’s financial filings show the company has outperformed projection every since 2019. In addition, their filings […]
Elderly Romspen Investors Forced To Eat Cat Food Read Post »
Delinquent Homeowners Afraid Of Being Homeless As Trump Announces, “No More Loan Modifications After January 20th!” President-Elect Trump is planning some major changes to the lending industry when takes office on January 20, 2025. He has publicly told delinquent homeowners point blank, “No more loan modifications! If people can’t pay, we’ll take it away. period!”
No More Loan Modifications Under New Trump Administration Read Post »
MFI-Miami Asks The Florida Office Of Financial Regulation To Investigate Questionable Romspen Lending Practices In Florida Recently, we reviewed the loan Romspen made to Caroline Weiss and her Blue Lagoon properties in Miami. We found some serious irregularities in the $21.3 million dollar loan. Irregularities that call into question Romspen lending practices. It could also
Will Romspen Lending Practices Be Investigated By Florida OFR? Read Post »
CFPB Sues Rocket Homes And Real Estate Brokerage Over Kickback Scheme Rocket Homes remains defiant. Like usual, they are denying the allegations and calling them a distortion of reality. The CFPB said on Monday that it has sued Rocket over alleged violations of the Real Estate Settlement Procedures Act (RESPA), to include illegal kickbacks and
Rocket Homes Accused Of Illegal Kickback Scheme Read Post »
The City Of Oakland Park Tried To Shake Down Homeowner For $1Million For Former Owner’s Code Violations The City of Oakland Park, Florida has left a handyman in shock. Several weeks ago, the city sent Denny Dorcey a daunting bill of over $1 million. The massive bill was for unpaid code violations on his Florida
City of Oakland Park Tried To Shake Down Homeowner For $1Mil Read Post »
