FHA Reverse Mortgage Servicer Novad Management Consulting Named Worst Mortgage Servicer Ever! The other day I wrote that Tom Lennon’s reverse mortgage case is the craziest case I have had in 13 years. It’s also the first time I have had to deal with Novad Management Consulting. Novad Management Consulting is one of the most […]
Reverse Mortgage Scam Alert! Novad Management And FHA Defraud Florida Army Veteran SENIORS BEWARE! There is another reverse mortgage scam going on. Again, it’s the mortgage servicers trying to steal from seniors. What makes it worse is this time it’s the federal government doing it. That’s right. FHA and it’s mortgage serving company, Novad Management […]
FHA Issues FHA Mortgage Alert. FHA Directs Mortgage Servicers To Halt All Foreclosure Actions Until August 31st. HUD has issued an FHA Mortgage alert. HUD announced FHA is extending its foreclosure and eviction moratorium through August 31, 2020. This is the second extension the FHA has enacted since the COVID-19 pandemic began. FHA issued its first extension […]
The CFPB And Conference of State Bank Supervisors Warn Mortgage Servicers To Adhere To The CARES Act For The 3rd Time Government agencies have issued a third warning to mortgage servicers to adhere to the CARES Act. The CFPB and the Conference of State Bank Supervisors have sent their third warning to mortgage servicers. The […]
CORONAVIRUS MORTGAGE FORBEARANCE WARNING! FHA-OIG Busts Mortgage Servicers Deceiving Homeowners MFI-Miami has issued a Coronavirus Mortgage Forbearance Warning! The FHA-OIG has issued a scathing report saying mortgage servicers are deceiving homeowners about Coronavirus Mortgage forbearance programs. HUD and FHA refused to publicly say which mortgage servicers were deceiving homeowners. However, they did say they have […]
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