Israeli Loan Modification Scam Operators Plead Guilty To Targeting Elderly People In Poor Health A father and son team of Israeli loan modification scam operators pleaded guilty to scamming old people in poor health. Herzel Meiri and his son, Amir pled guilty Tuesday to conspiracy to commit wire fraud and bank fraud. Federal prosecutors allege […]
Lender Disorganization Prevented 70% More Homeowners From Getting HAMP Modifications When President Barack Obama was inaugurated in 2009 he faced an economic crisis this country had not seen in nearly 80 years. He launched a multi-billion-dollar effort known as HAMP to stem the flood of home foreclosures. The White House launched the Home Affordable Modification […]
FHA And HUD-OIG Duke It Out Over Legitimacy Of Down Payment Programs FHA is expected to rebuff a report from the Office of the Inspector General of HUD that heavily criticized down payment programs and questioning why low-income borrowers are charged higher interest rates for FHA loans that utilize down payment assistance. The HUD-OIG […]
MFI-Miami Was Featured in Mortgage Servicing News The Mortgage Servicing News is a major trade publication for the mortgage servicing industry. We were also in their sister publication, National Mortgage News MFI-Miami Files Bar Complaint Against Orlans Associates Evan Nemeroff, Mortgage Servicing News MFI-Miami has filed a complaint with the Michigan Attorney Grievance Commission against three […]
MFI-Mod Squad Launched to Bust Foreclosure Rescue and Loan Modification Scams ICYMI National Mortgage News profiled MFI-Mod Squad. MFI-Mod Squad is a new project started by MFI-Miami. The project is designed to expose shady foreclosure rescue and loan modification scams. By James Comtois, National Mortgage News February 4, 2009 Steve Dibert, the founder of MFI-Miami […]
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