MFI-Miami

home equity lines of credit

HELOCs

No More HELOCs! Major Banks Stop HELOC Originations

The 2nd Financial Crisis Of The 21st Century Begins! Chase And Wells Fargo Stop Originations Of HELOCs.  Strap yourselves in and get ready to rumble! America is in the infancy of its second financial crisis of the 21st century. Two of the largest banks in the US have announced they will terminate all originations of […]

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No More HELOCs! Major Banks Stop HELOC Originations Read Post »

mortgage shotgunning

Mortgage Shotgunning Scheme Sends Real Estate Broker To Prison

Real Estate Broker Sentenced to Prison for Role in Defrauding Banks in $3.5 Million Mortgage Shotgunning Scheme New York real estate broker Michael Arroyo and a Bergen County homeowner Rafael Popoteur are going to prison. The court sentenced the pair for their respective roles in a $3.5 million mortgage shotgunning scheme. Arroyo and Popoteur used

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Mortgage Shotgunning Scheme Sends Real Estate Broker To Prison Read Post »

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