MFI-Miami

Housing Crisis

JPMorgan Chase Loan Officer

Short Sale Specialist Convicted of Mortgage and Tax Fraud

Short Sale Specialist Portrayed Herself As An International Wheeler Dealer An Ashburn, Virginia resident and self-proclaimed short sale specialist was convicted today by a federal jury on 13 charges related to mortgage fraud, passing fictitious financial instruments, and tax fraud, the Department of Justice announced. Charise Stone, 46, was indicted on April 15, 2014. According […]

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Miami Ghetto loans

U.S. Supreme Court Rules No More Second Lien Stripping In BK

Justices Side With Bank Of America’s Fantasy That Second Lien Stripping Is Unnecessary Because Property Values Will Rebound To Antediluvian Levels The U.S. Supreme Court dealt a killer blow to homeowners in bankruptcy Monday by ruling that homeowners who declare bankruptcy can’t void a second mortgage through Second Lien Stripping even if the home is underwater and is worth

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Foreclosure Mill Practice

Florida’s Infamous Rocket Docket To Die July 1st

Now Bad Foreclosure Lawyers Won’t Have The Rocket Docket As An Excuse For Losing Florida’s infamous Rocket Docket, the streamlined, high-speed processing of foreclosure cases will be disappearing starting July 1st, after six years as the number of new cases continues to decline. After June 30, The Florida Legislature is no longer funding a statewide

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Butler And Hosch

Foreclosure Mill Butler And Hosch Bites The Dust

Butler And Hosch, P.A. Blames Its Rapid Expansion For its Demise One of Florida’s oldest foreclosure mills, Butler and Hosch, P.A. has shut its doors and laid off its entire staff. Butler & Hosch had been rapidly expanding its presence across the country. Butler and Hosch, P.A. filed an Assignment for the Benefit of Creditors to Florida law firm

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Elizabeth Warren

FL 4th DCA Slaps Foreclosure Mills

The FL 4th DCA Closes a Loophole Exploited By Foreclosure Mills   The Florida 4th District Court of Appeals has handed down a ruling that would end the practice of foreclosure mill attorneys introducing into evidence original copies of undated mortgage notes endorsed in blank after the foreclosure lawsuit is filed. Foreclosure mills in Florida

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