New York City Landlords Panic! 25% Of NYC Renters Didn’t Pay June Rent

New York City Landlords Go Into A Panic As 25% Of NYC Renters Didn’t Pay June Rent 

new york city landlords

New York City landlords are worried. The future looks bleak as nearly 25% of New York City renters have yet to make June rent payments.

The Community Housing Improvement Program represents the owners of 400,000 small rent-stabilized units which equals 3 million units. The group claims nearly a fifth of those surveyed reported rent collections less than 60% of normal.

CHIP is calling for a “massive federally-funded bailout” for renters. They believe this will mitigate the devastating impact of the rent shortfalls.

Read more at MFI-Miami

PHH Mortgage COVID-19 Foreclosure Defense Hotline: Call 888.737.6344

Call The PHH Mortgage Covid-19 Foreclosure Defense Hotline! Get Connected With The Most Aggressive Foreclosure Defense Team 

PHH Mortgage Helpline

MFI-Miami has created a specialized PHH Mortgage Covid-19 foreclosure defense hotline to connect you to our PHH Mortgage Foreclosure Defense Team. The team’s focus will focus solely on developing strategies to give homeowners some serious foreclosure help!

Our lawyers have informed us that we need to say upfront that we not connected with PHH Mortgage or it’s parent, OCWEN in any way, shape, or form.  

We are the only foreclosure and mortgage experts with the strength to successfully challenge this company in any courtroom in the USA.

Our competitors show off one or two victories against PHH Mortgage but they can’t beat our track record. How do we know this? Because we have the 10-year track record to prove it! 

MFI-Miami’s PHH Mortgage Covid-19 Foreclosure Defense Hotline is PHH’s worst nightmare. Why? MFI-Miami has successfully challenged some of PHH Mortgage’s most arrogant foreclosure mill lawyers.

Call The PHH Mortgage Covid-19 Foreclosure Defense Hotline 888.737.6344

For nearly 10-years, MFI-Miami CEO Steve Dibert has developed a reputation for bringing PHH Mortgage to their knees. He and his associated lawyers have also even humiliated their lawyers. 

Steve Dibert has also helped keep PHH Mortgage from discriminating against Latin American homeowners and people of African and Caribbean descent. In addition, he has helped keep 9/11 survivors and military combat veterans in their homes. 

Furthermore, MFI-Miami also has access to some of the top forensic accountants and former FBI agents available. MFI-Miami can also call on mortgage compliance experts and collateralized debt experts if needed. 

As a result, this gives MFI-Miami unparalleled strength to challenge any PHH Mortgage in an American courtroom. 

We bring the most aggressive PHH Mortgage Covid-19 Foreclosure Defense Team to you! Steve Dibert likes to fight the Wall Street banks! He spent nearly ten years in the world of lending and knows the Achille’s heel of all the major lenders. 

MFI-Miami has helped hundreds of people successfully fight their foreclosures to stay in their homes. 

MFI-Miami also works with some of the best litigators in the U.S.

Call us at 888.737.6344

Long Island Strip Club Owner Sues New York Governor Andrew Cuomo

Long Island Strip Club Owner Sues New York Governor Andrew Cuomo And SBA Over Covid-19 Restrictions

long island strip club

Long Island strip club owner Sean McCarthy has owned Blush Gentleman’s Club in Commack since 1997.

McCarthy claims New York State stripped of his constitutional rights. Now he has filed a federal lawsuit against Cuomo and the state of New York. The target of his wrath is New York Governor Andrew Cuomo. 

The Long Island strip club owner filed suit against Cuomo over his executive orders shuttering non-essential businesses amid the pandemic.

McCarthy’s attorney, Joe Murray told the New York Post:

Governor Cuomo is engaged in a huge overstep of executive power. He is infringing on people’s fundamental civil rights far beyond the least restrictive means allowable under the constitution. Someone should remind him he is the governor and not the king.

Read more at MFI-Miami

New York Shakedown! Visiting Healthcare Heroes Must Pay NYS Income Taxes

The New York Shakedown! New York Governor Andrew Cuomo Says Visiting Healthcare Heroes Must Pay NYS Income Taxes

new york shakedown

The New york Shakedown is back and this time Cuomo has health care workers in his sights. Health care heroes came from around the country to help fight the coronavirus outbreak in New York.

Now Cuomo and the state of New York say these heroes will have to pay state income taxes.

The taxes would also affect Samaritan’s Purse and other Christian aid organizations. They set up a temporary hospital in Central Park.

Cuomo said:

We’re not in a position to provide any subsidies right now because we have a $13 billion deficit. So there’s a lot of good things I’d like to do. If we get federal funding, we can do it. But it would be irresponsible for me to sit here looking at a $13 billion deficit and say I’m gonna spend more money. 

The issue first arose when Samaritan’s Purse was setting up its emergency field hospital. The charity’s comptroller noticed that NYS law requires anyone working in the state for more than 14 days to pay income tax.

Read more at MFI-Miami

Mac Properties To Tenants: PAY UP OR GET THE EFF OUT!

Mac Properties Tells Tenants Affected By COVID-19, “PAY UP OR GET THE EFF OUT!”

Mac Properties

Mac Properties is using heavy-handed tactics in Chicago during the pandemic to ensure renters pay up. The company owned by Antheus Capital also got creative with doing evictions. The company decided to do themselves after the Cook County Sheriff stopped serving them on tenants.

Mac Properties is one of the few landlords still proceeding with evictions. The property management arm of Antheus Capital owns 5,000 units across Chicago.

Mac Properties is beginning to anger tenants by demanding they sign nondisclosure agreements before discussing rent-payment plans. Despite the pandemic, Mac has not granted rent forgiveness. Instead, it has outlined a policy that includes allowing residents to pursue “a path to lease termination” or to move into a cheaper unit.

Court records show the company filed two eviction claims in recent weeks in addition to the nine it sent in March. The April evictions were for tenant bad behavior and the March notices were for nonpayment.

Read more at MFI-Miami

New York State Orders Mortgage Servicers To Offer COVID-19 Relief

New York State Orders Mortgage Servicers To Give 90-Day COVID-19 Mortgage Relief To New York Homeowners 

New York State

Governor Andrew Cuomo and New York State orders lenders and mortgage servicers to step up their mortgage relief efforts. The New York Department of Financial Services demanded servicers let certain residents skip their mortgage payments for 90 days.

Cuomo announced the statewide 90-day mortgage relief period on Thursday.

NYDFSis directing mortgage servicers to offer several options to the state’s residents:

  • Waiving mortgage payments based on financial hardship
  • No negative reporting to credit bureaus
  • Grace period for loan modification
  • No late payment fees or online payment fees
  • Postponing or suspending foreclosures

NYDFS also sent letters to the mortgage servicers that operate in the state:

An increasing number of individuals are experiencing a sizeable disruption in their everyday lives. The economic impact to consumers is considerable and the outbreak will continue to cause significant financial hardship for individuals and families, especially workers who cannot work remotely and do not have access to paid leave.

The letter also states borrowers who demonstrate they are not able to make timely payments due to COVID-19 will be eligible for numerous options.

This also includes:

  • Forbearing mortgage payments for 90 days from their due dates.
  • Refraining from reporting late payments to credit rating agencies for 90 days.
  • Offering mortgagors an additional 90-day grace period to complete trial loan modifications. NYDFS also does not want COVID-19 to affect their ability to obtain a permanent loan modification.
  • NYDFS also wants servicers to waive late payment fees and any online payment fees for a period of 90 days.
  • Postponing foreclosures and evictions for 90 days.

The NYDFS also directs servicers to proactively contact borrowers to communicate the new relief options.

The NYDFS initiative mirrors the relief efforts put forth by Fannie Mae and Freddie MacHUD and FHA have also initiated relief efforts.

Read more at MFI-Miami