Bank Of America Offers Coronavirus Relief To Bank of America Mortgage Customers
Bank of America mortgage customers affected by the Coronavirus will be getting a break. The bank announced Thursday afternoon it was offering relief for consumers and small business clients impacted by the coronavirus.
According to the bank, Bank of America mortgage and home equity customers can request to defer their payments for up to 6 months while the virus crisis rages. The bank would then add the mortgage payments to the end of their loan.
Basically, borrowers can get a break on their payments but will have to make those payments eventually.
Bank of America stated the payment deferral will be available on a case-by-case basis. The bank stated the payment deferral program can also be extended on a month-to-month term.
New York Coronavirus Update: Cuomo And Albany Say, “Full Steam Ahead!” For Foreclosure Lawsuits And Auctions!
New York Coronavirus update! The coronavirus pandemic has shut down NYS and local governments except for essential personnel. The pandemic has also shut down schools. Office buildings and businesses are closed. As a result, people can’t go to work.
Yet, the courts are open in a limited fashion across New York. Attorneys can still file documents and yes, they can still file foreclosure complaints. Albeit, electronically. The NYS court system is still moving ahead with foreclosure filings and foreclosure auctions.
Several counties including the boroughs of New York City have enacted eviction moratoriums. However, the courts are still chugging along with foreclosure lawsuits and auctions. The NYS court system is allowing banks to ram foreclosures through in less than 6 months.
Foreclosure Defense Myths That People Want To Keep Believing Thanks To Pretender Savior Neil Garfield
I am constantly debunking a plethora of foreclosure defense myths from potential clients. Finance bloggers like myself have written over the past decade that these bizarre and inaccurate claims don’t work. Yet, they seem to persist thanks to pretender savior Neil Garfield and his Living Lies website.
Garfield likes to make distressed homeowners think they can play Ben Matlock and walk away with a debt-free house. Garfield Groupies have mostly delusional entitled suburbanites who think they are entitled to a free house. They are trying to figure out an angle to make it happen. Then blame their lender or “Corrupt judges when it doesn’t happen.
Your chances of scoring a free house are 1:150 if you are following the gobbledegook from Neil Garfield’s Living Lies website. Garfield has no experience in mortgage lending nor is he a “Wall Street Insider” like he claims. Finance journalists on Wall Street hadn’t heard of him until he began peddling miracles with his version of Brother Love’s Traveling Salvation Show.
Wells Fargo Warning! Can Wells Fargo Home Mortgage Validate Your Mortgage Debt? Probably Not!
Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Wells Fargo Home Mortgage validates debt owed by homeowners. As a result, MFI-Miami has issued a Wells Fargo Warning to homeowners.
MFI-Miami CEO Steve Dibert:
Homeowners need to request their complete mortgage transaction histories from Wells Fargo Home Mortgage and review them. If there is missing information or if something doesn’t look right, they need to contact a lawyer or a properly trained mortgage fraud expert immediately!
MFI-Miami has examined nearly 200 transaction histories from mortgage loans currently serviced by Wells Fargo Home Mortgage since 2016. Nearly 175 of these contained serious accounting flaws in the transaction histories. These flaws would call into question the amount homeowners owe on their mortgages. Additionally, MFI-Miami’s team of Forensic CPAs have described Wells Fargo transaction histories as everything from a mess to a trainwreck.
Rushmore Loan Management Warning! Can Rushmore Validate Your Mortgage Debt? Probably Not!
Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm MFI-Miami, announced today that MFI-Miami has discovered serious flaws in the way Rushmore Loan Management validates debt owed by homeowners. As a result, MFI-Miami has issued a Rushmore Loan Management Warning to homeowners.
MFI-Miami CEO Steve Dibert:
Homeowners need to request their complete mortgage transaction histories from Fay Servicing and review them. If there is missing information or if something doesn’t look right, they need to contact a lawyer or a properly trained mortgage fraud expert immediately!
MFI-Miami has examined nearly 50 transaction histories from mortgage loans currently serviced by Rushmore Loan Management since 2015. Nearly 30 of these contained serious accounting flaws in the transaction histories. These flaws would call into question the amount homeowners owe on their mortgages. Additionally, MFI-Miami’s team of Forensic CPAs have described Rushmore Loan Management transaction histories as everything from a mess to a trainwreck.
These flaws also include 5-year and 10-year gaps in the transaction histories. They also include conflicting payoff figures on payoffs dated the same day. As well as transaction histories with fictitious and inflated payments made to local taxing authorities.
Steve Dibert also said:
There is a definite pattern of impropriety going on here.I find it odd that one of the largest mortgage servicers in the US can’t do the basic 5th-grade math required to calculate an accurate payoff on a mortgage.
Rushmore Loan Management Warning: Rushmore Allegedly Violated The FCRA
In 2017, a Florida woman claimed proposed class action that defendant Rushmore Loan Management had committed numerous violations of the Fair Credit Reporting Act (FCRA). She alleged that Rushmore had a systemic practice of producing inaccurate consumer information.
The 13-page lawsuit alleges the woman was harmed after Rushmore furnished inaccuracies to two credit reporting agencies. She also alleges Rushmore did it for five consecutive months. The lawsuit claims Rushmore has committed 10 FCRA violations throughout the servicing of her mortgage. You can read the lawsuit here.
MFI-Miami has helped hundreds of people successfully fight Rushmore and stay in their homes.
MFI-Miami’s Rushmore Loan Management Helpline also works with some of the best litigators in the U.S.
Why Was Former Broward Sheriff Scott Israel Palling Around With “Mini-Me” Thug Wayne David Collins?
Florida Governor Ron DeSantis removed Broward County Sheriff Scott Israel within days of becoming governor. The public conscience was that it was for Israel’s poor handling of school security. Israel’s critics alleged that his inept management resulted in the mass shooting at Marjory Stoneman Douglas High School 11 months prior to his removal.
However, it became clear he had a lot of scumbag friends once he was removed. Two of Israel’s biggest scumbag friends were Fort Lauderdale Ponzi schemer and disbarred lawyer Scott Rothstein. Rothstein is now serving a 50-year sentence in federal prison for running a $1.2 Billion Ponzi scheme out of his Fort Lauderdale law office.
Collins also claimed he and Israel jointly coached their kids’ football and baseball teams. Collins’ companies also gave thousands to the Common Sense Coalition. The PAC took in $160,000 on Israel’s behalf from two of Scott Rothstein’s partners. Coincidentally, Rothstein and his partners represented Collins and several of his businesses.
Collins also helped raise another $13,700 for Israel from others in South Florida’s lucrative bail bond industry. The scumbag bail bondsman even kicked $500 himself.
Deadbeat Dad Bernie Sanders Never Paid Child Support! Sanders Let Vermont Taxpayers Feed And Clothe His Kid.
The Early Years Of Deadbeat Dad Bernie Sanders
Deadbeat dad Bernie Sanders bought a piece of property in Vermont in 1964. He settled there full-time in 1968. Sanders’ first child, Levi Sanders, was born a year later to his then-girlfriend, Susan Campbell Mott.
The elder Sanders worked as a carpenter and a writer after he graduated from college. However, he quickly found his true calling. He became a perpetual political candidate.
Sanders joined the socialist Liberty Union Party and began running for governor and senator of Vermont in the 1972 elections. He got 2% of the vote for governor, and 1% for senator.
Bernie also didn’t have to work very hard because he didn’t have much competition to get the Liberty Union nominations. Party members recall they “ran anybody and everybody they could find.”
Then he ran again for the Senate on the Liberty Union Party ticket in 1974, and won 4% of the vote, and again for governor two years later, winning 6% of the vote.
Foreclosure Horror Stories: 4 Bizarre Foreclosure Stories That You Have To Read To Believe. Yes, They Could Happen To You!
MFI-Miami has heard and dealt with some of the craziest foreclosure horror stories. Foreclosures are typically the result of homeowners unable to pay their mortgages. But, in these four cases, homeowners are faced with foreclosure for bizarre and crazy reasons. These four cases are just a handful of stories that we have heard in 12 years in business.
HOA Foreclosure Horror Story:
Joe DiVerde owned a home in Wesley Chapel, Florida. He soon learned to own a home was more of a hassle than it was worth thanks to his HOA. Anyone living in a condo or home with an HOA in Florida knows the horror stories. Most HOAs are controlled by snowbirds from Long Island with nothing better to do than to stick their nose into your business and gossip. They also like to bitch and throw their weight around. It’s like a geriatric version of the movie, Heathers or Mean Girls.
Joe DiVerde learned this the hard way when he faced an unexpected ultimatum from HOA. They demanded he either paint your mailbox, pay a $1,000 fine, or face foreclosure. Because of an address mix-up, DiVerde never received prior concern over his mailbox. When he received notice, it was too late. The HOA began foreclosure proceedings. DiVerde found out when the process server came knocking on his door. This story belongs on this list of homeowner association horror stories.
Long Island Attorney Anthony Colleluori Makes Baffoon Lawyer Lionel Hutz From The Simpsons Look Competent
Let’s face it. After 12 years of doing foreclosure defense, I have seen some bat-shit crazy and incompetent lawyers. Yet, no one has risen to the level of incompetence as Long Island Attorney Anthony Colleluori of Raiser Kenniff PC
The only person you can compare Colleluori to is baffoon attorney Lionel Hutz from The Simpsons voiced by the late Phil Hartman. Trust me, I know from first-hand experience.
Colleluori’s behavior was so egregious that he and his client (who was an attorney) could have been disbarred. Colleluori’s client had been accused of splitting fees with a non-attorney. Ironically, Colleluori was admonished by the NYS courts last year for improper fee splits himself.
Colleluori made threats to the opposing side that were both bizarre and totally unprofessional.
He also sent emails to the opposing side’s vendors making baseless claims of criminal activity. Colleluori now faces a potential defamation lawsuit and his client for his actions.
Colleluori openly bragged about being “good friends” with FBI agents and District Attorneys all over New York.
It seems as if the NYS Bar must have lowered their standards to consider this idiot gastropod a highly rated criminal defense attorney.
New York Zombie Foreclosure Warning: An Army Of Bottom Feeding Lawyers Are On The March To Shake You Down!
MFI-Miami is issuing a New York Zombie Foreclosure Warning!
Armies of bottom-feeding lawyers armed with thousands of New York Zombie foreclosures coming! They are barging down the doors of courthouses across New York like Walmart shoppers on Black Friday hoping for free money for their clients.
This time around its not first lien holder seeking deficiency judgments. It’s the servicers for the second mortgage who have risen from the dead like a horde of zombie.
Homeowners who faced foreclosure in the wake of the 2008 financial crisis could be served at any time. It was assumed these lenders wrote off the debt or accepted short payoffs from the first lien holder.
Most foreclosure victims have moved on with their lives. They have also made their foreclosure a distant memory. They are now back to sipping their Pabst Blue Ribbons and enjoying the benefits of a robust economy.