Citibank Slapped With $30 Million Fine For Leaving Hundreds Of REO Properties Vacant Past The 5-Year Limit Federal banking regulators have slapped Citibank with a $30 million fine. An investigation found that the bank was not selling foreclosed homes back into the market fast enough. The Office of the Comptroller of the Currency announced it […]
Specialized Loan Servicing Warning! Can Specialized Loan Servicing Validate Your Mortgage Debt? Probably Not! Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Specialized Loan Servicing validates debt owed by homeowners. Specialized Loan Servicing is owned by Computershare out of Australia. As a […]
BUSTED: Most Mortgage Servicers Are Unable To Prove How Much Homeowners Actually Owe On Their Mortgages Most people just assume most mortgage servicers have calculated their payoff or balance correctly. The finance world also requires you to be good at math. So, at a minimum, you would also think most mortgage servicers would be able […]
Select Portfolio Servicing Warning! Can Select Portfolio Validate Your Mortgage Debt? Probably Not! Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Credit Suisse subsidiary Select Portfolio Servicing validates debt owed by homeowners. As a result, MFI-Miami has issued a Select Portfolio Servicing […]
The FTC Shuts Down Real Estate Get Rich Quick Seminars Endorsed By HGTV’s Biggest Stars A court has agreed to put a temporary stop to a pricey real estate get rich quick real estate seminars fronted by HGTV stars. The Federal Trade Commission alleges instructors making promises to make attendees rich were misleading” and bogus. […]
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