Reverse Mortgages: What You Need to Know I have been inundated with calls about Reverse Mortgages lately. So I have decided to write this article explaining how Reverse Mortgages work and if they are right for you. If you have any further questions, I can refer you to a qualified FHA broker or originator. What […]
Wells Fargo Home Mortgage Has A Secret Panic Code For MFI-Miami Foreclosure Clients It appears Wells Fargo Home Mortgage has a secret panic code assigned to MFI-Miami files. MFI-Miami servicing files get stamped with an “MFI” code when we request copies. I haven’t quite figured out what the “MFI” code means because we haven’t any issues getting […]
Ocwen Sues Foreclosure Mill Connolly, Geaney, Ablitt & Willard, P.C. For Malpractice, Breach of Contract, Unfair & Deceptive Practices, Fraud By Suppression & Fraud By Misrepresentation Struggling mortgage servicer, Ocwen Financial is suing multi-state foreclosure mill, Connolly, Geaney, Albitt & Willard, P.C. (CGAW) in a multi-million dollar malpractice and fraud case. In the suit, Ocwen […]
Massachusetts Mortgage Broker Michael P. O’Donnell Sentenced To 3 Years In Federal Prison Massachusetts mortgage broker Michael P. O’Donnell was sentenced to three years in prison. The judge also sentenced him to two years of supervised release. In addition, he was also ordered to pay a fine of $150,000 for Bank Fraud. Federal prosecutors claimed […]
Reverse Mortgage Broker Direct Finance Corporation Gets Sued By New Massachusetts AG For Ripping Off Seniors Massachusetts Attorney General Maura Healey filed a civil complaint in Suffolk Superior Court against reverse mortgage broker Direct Finance Corporation(DFC) based in Norwell, Massachusetts, its employee, Daniel Matthews who worked as a loan originator, and outside insurance agent James Moniz, alleging that […]
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