Bill Would Ban FHA Insurance On Eminent Domain Properties

Jon Prior, Housing Wire Rep. John Campbell, R-Calif., introduced federal legislation Thursday to prohibit the government from backing mortgages in areas where underwater loans are seized through eminent domain. The bill amends Fannie Mae and Freddie Mac charters, forbidding them from financing loans in counties or cities that cleared such eminent domain plans within the previous 10 years. It also keeps […]

Fannie Mae

MFI-Miami Accuses Fannie Mae Of Illegally Foreclosing On Michigan School Teacher

MFI-Miami Accuses Fannie Mae Of Lack of Standing Flint, MI – On August 28, 2012, MFI-Miami President Steve Dibert called on Fannie Mae to halt what he alleges is an illegal foreclosure and eviction of Flint Michigan School Teacher Amy Plumb. On January 2, 2003, Ms. Plumb, a single parent with two teenage daughters refinanced […]

If We Want To Fix Housing We Need To Take A Lesson From Captain Kirk

To Fix Housing Gary Peters and John Campbell Have A Captain Kirk Solution Steve Dibert, MFI-Miami “You have to learn why things work on a starship.” -Admiral James T. Kirk When I market MFI-Miami to attorneys, I quote this line from Star Trek II: The Wrath of Khan for the simple fact that had Admiral Kirk not been […]

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