1st Circuit COA Slaps Wells Fargo For Triple Damages For Jerking Around Homeowner

Sheri Qualters, National Law Journal A federal appellate court ruled that Wells Fargo Bank must face a Massachusetts consumer protection law claim that entails possible triple damages, plus additional claims, for its conduct toward a homeowner under a federal loan modification program. A unanimous U.S. Court of Appeals for the First Circuit ruling in Young v. […]

To avert foreclosure, firm turns homes into ad space

Erin Ailworth, Boston Globe Would you let a company paint your house in Gumby green and neon tangerine as the background for corporate logos and other advertising? What if the company paid your mortgage? That’s the deal California advertising executive Romeo Mendoza is offering as he launches a somewhat altruistic — some might say obnoxious […]

Boston Globe

Two MFI-Miami Clients Make Front Page of the Boston Globe

Two MFI-Miami Clients Make Front Page of the Boston Globe Jenifer McKim of the Boston Globe profiled two MFI-Miami clients. In a jam, more skip mortgage payments Jenifer McKim, Boston Globe Tens of thousands of Massachusetts property owners are living in their homes without making mortgage payments as they fight foreclosure, plead with lenders for […]

Wake Up! Mortgage Industry Lynch Mobs Are a Tool of the Banking Industry

“We’ve lost something vital, I tell you. When we lost it, we lost the ability to make good decisions. We fall upon decisions these days the way we fall upon an enemy — or wait and wait, which is a form of giving up, and we allow the decisions of others to move us. Have […]

Mortgage Electronic Registration System

Foreclosure Defense 101 Lesson 2: Mortgage Electronic Registration System

Foreclosure Defense 101 Lesson 2: Mortgage Electronic Registration System AKA MERS There’s been a lot of chatter on the web lately about the Mortgage Electronic Registration System aka MERS. The Mortgage Electronic Registration System and the role in note assignments and foreclosures.  Most of the chatter is coming from mortgage activists and amateur lawyers. They have just […]

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