JPMorgan Chase Loan Officer Ross D. Pickard Pleads Guilty To Conspiracy To Commit Loan Fraud JPMorgan Chase Loan Officer Ross D. Pickard pleaded guilty to conspiracy to commit loan fraud. The 63-year old faces a maximum penalty of five years in federal prison. Pickard also faces up to 30 years on each of the fraud counts. […]
Florida Man Stevie McDonald Faces 30 Years For Lying On A Washington Mutual Mortgage Application Stevie McDonald has pleaded guilty to making false statements on a Washington Mutual mortgage application in November of 2007. He faces a maximum penalty of 30 years in federal prison. A sentencing date has not yet been set. McDonald of […]
Florida 4th DCA Overturned A Lower Court Decision And Upheld MFI-Miami’s Argument That JPMorgan Chase Lacked Standing To Foreclose The Florida 4th DCA handed down a ruling today favorable to an MFI-Miami client. The 4th DCA confirmed MFI-Miami’s findings that JPMorgan Chase lacked the standing to foreclose against Yosvani Alfonso. The Florida 4th DCA […]
JPMorgan Chase Claims That FHA Loans Are Government Backed Subprime Loans FHA loans that were originally intended to give first-time buyers easy access to mortgages are being compared to the very loans that contributed to the housing crisis. Kevin Watters, CEO of Chase Mortgage Banking told CNBC, “FHA requirements are down to a 520 FICO […]
Max Keiser and Stacy Herbert Come To Miami To Interview MFI-Miami CEO Steve Dibert Max Keiser and Stacy Herbert of the Keiser Report on RT flew to Miami a few weeks ago. Yes, during the peak of European tourist season in Florida. The pair came to interview MFI-Miami CEO Steve Dibert on the South Pointe […]
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