MFI-Miami

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Novad Management

CFPB Bans Novad Consulting From Mortgage Servicing

CFPB Has Banned Novad Consulting From Servicing Reverse Mortgages For Failing To Properly Communicate With Mortgage Borrowers The CFPB has banned Novad Consulting from servicing reverse mortgages. HUD and CFPB had first ordered the company to stop illegal activities that harmed older homeowners. The CFPB found that NOVAD Management Consulting had inadequate resources and staffing […]

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Former HUD Official

Former HUD Official Going To Prison For Falsifying Records

Federal Prosecutors Prove Former HUD Official Improperly Directed Government Business To A Personal Friend’s Company A federal jury has convicted a former HUD official. Former HUD Assistant Inspector-General  Eghbal “Eddie” Saffarinia concealed efforts to direct tens of millions of dollars in government business to a friend to whom he owed money. The friend was also

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Fight Reverse Mortgage Foreclosures! Yes, You Can!

Don’t Listen To Your Lender. You Can Fight Reverse Mortgage Foreclosures And Win! Like the conventional mortgage lenders before them, reverse mortgage lenders have people convinced they can’t fight reverse mortgage foreclosures. Yet, MFI-Miami has again debunked the propaganda of sleaze from the Wall Street oligarchs. Just like we did with foreclosures on conventional mortgages.

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Loss Mitigation Services Accused Of Fraud By Feds

Federal Prosecutors Accuse Loss Mitigation Services Of Defrauding HUD, Fannie Mae, and Freddie Mac The owners and co-founders of Loss Mitigation Services are accused of defrauding Fannie Mae, Freddie Mac, and HUD. Federal prosecutors allege the Massachusetts based short sale company defrauded government agencies on nearly 100 short sale transactions.  Loss Mitigation Services negotiates with lenders

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Loss Mitigation Services Accused Of Fraud By Feds Read Post »

facebook housing discrimination

Facebook Housing Discrimination Now Being Investigated By NYDFS

Andrew Cuomo Orders NYDFS To Investigate Facebook Housing Discrimination Claims Last year, HUD launched an investigation into complaints of Facebook housing discrimination. Now it’s New York State’s turn. Governor Andrew Cuomo announced that the NYDFS will be investigating Facebook housing discrimination claims. The NYDFS wants to know if the site allowed housing providers to discriminate

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