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Showing posts from November, 2017

Wells Fargo Consumer Lending Chief Fired For Diarrhea Of The Mouth

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Wells Fargo Consumer Lending Chief  Franklin Codel Fired For Diarrhea Of The Mouth Wells Fargo has fired Franklin Codel as the head of Wells Fargo Consumer Lending for misconduct. Apparently, Franklin Codel came down with a bad case of diarrhea of the mouth. Codel took over the consumer lending division in 2015 when  Michael Heid retired . As head of consumer lending, Codel oversaw all of the bank’s lending to consumers. This included Wells Fargo’s mortgage lending operation. Codel was in charge of lending when Wells Fargo was forced to  pay HUD a $1.2 Billion settlement  last year. Codel led Wells Fargo’s mortgage production team from 2011 to 2015. This included all sales, compliance, underwriting, and support functions for both consumer and correspondent lending. Wells Fargo fired Codel for inappropriately communicating with a former employee. His termination is effective immediately. Wells Fargo said this to Housing Wire about Codel’s dismissa...

Operator Of Fraudulent Predatory Lending Scheme Found Guilty

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Richard Moseley Extended More Than $220 Million In Predatory Lending Scheme To 620,000 Struggling Americans A federal court in Manhattan convicted Richard Moseley for operating a $220 million predatory lending scheme. Moseley was convicted on the charges of wire fraud and aggravated identity theft as well as RICO and TILA violations. Moseley was operating a payday lending enterprise that systematically evaded state usury laws. He was also charging illegally high-interestest rates. Moseley also was issuing payday loans to consumers who never even sought them.  He was before United State District Judge Edgardo Ramos convicted Moseley after a two and half week trial. Read more at  MFI-Miami

The Cattiness Of Wells Fargo Executives Rivals The Ladies From Dynasty

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Wells Fargo Executives Again Refuse To Release Documents To MFI-Miami Client Citing Negative Articles On MFI-Miami The finance world knows MFI-Miami's principal job is to do whatever it takes to keep people in their homes. It's not a big secret. Nor do I hide it. All the major lenders and servicing companies know it. They know I use this blog as one of my tools to motivate lenders. Most lenders and servicers just take it stride. However, someone forgot to send a memo to Wells Fargo executives.  They freak out. They try to use their catty behavior to punish MFI-Miami clients. Their cattiness is so bad it rivals the catty women from the 1980's soap opera  Dynasty . I know because I hear about from their employees when I send document requests to them. Wells Fargo executives seem to forget I'm just calling them out for their morally bankrupt corporate decisions. After all, they were the ones who  created a foreclosure manual  for foreclosure mill...

Ringleaders Of A $20 Million Florida Mortgage Fraud Scheme Convicted

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Former Newspaper Publisher, Mortgage Lender, and Real Estate Agent Convicted in $20 Million Florida Mortgage Fraud Scheme A federal jury convicted a four people in a $20 million Florida mortgage fraud scheme. The four people included a former Miami newspaper publisher and mortgage lender. The Florida mortgage fraud scheme also included a mortgage broker and real estate agent. Former Newspaper Publisher Marco Laureti The ringleader of the Florida mortgage fraud scheme was former newspaper publisher Marco Laureti. At trial, Laureti was convicted of eight counts involving wire fraud. Laureti's has scheduled the sentencing hearing for January 25, 2018. Laureti faces up to thirty years’ imprisonment on each count. He also faces a $250,000 fine as to each count and restitution. Laureti was a former newspaper publisher and owner of Laureti Publishing Company. He also owned multiple companies involved in real estate and lending. Laureti's Minions The Florida...

Ringleaders Of A $20 Million Florida Mortgage Fraud Scheme Convicted

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Former Newspaper Publisher, Mortgage Lender, and Real Estate Agent Convicted in $20 Million Florida Mortgage Fraud Scheme A federal jury convicted a four people in a $20 million Florida mortgage fraud scheme. The four people included a former Miami newspaper publisher and mortgage lender. The Florida mortgage fraud scheme also included a mortgage broker and real estate agent. Former Newspaper Publisher Marco Laureti The ringleader of the Florida mortgage fraud scheme was former newspaper publisher Marco Laureti. At trial, Laureti was convicted of eight counts involving wire fraud. Laureti's has scheduled the sentencing hearing for January 25, 2018. Laureti faces up to thirty years’ imprisonment on each count. He also faces a $250,000 fine as to each count and restitution. Laureti was a former newspaper publisher and owner of Laureti Publishing Company. He also owned multiple companies involved in real estate and lending. Laureti's Minions The Florida...

Citimortgage Foreclosure Defense

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The Only Citimortgage Foreclosure Defense Team With A Track Record Of Body Slamming Citimortgage MFI-Miami has created a specialized Citimortgage Foreclosure Defense Team. The team's focus will focus solely on developing strategies to give homeowners some serious Citimortgage foreclosure defense! We are also the only foreclosure and mortgage experts with the strength to successfully challenge Citimortgage in any courtroom in the USA. Our competitors show off one or two victories against Citimortgage 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 Citimortgage Foreclosure Help Team is Citimortgage's worst nightmare. Why? MFI-Miami has successfully challenged some of their most arrogant foreclosure mill lawyers. For nearly 10-years, MFI-Miami CEO Steve Dibert has developed a reputation of bringing banks to their knees. He has even humiliated banking lawyers. Furthermo...

Deutsche Bank Foreclosure Defense

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The Deutsche Bank Foreclosure Defense Team You Need To Make Deutsche Bank Surrender Like Their Wehrmacht Grandfathers Did! You need the only aggressive Deutsche Bank foreclosure defense team that has brought Deutsche Bank to their knees multiple times!  Yes. You heard that right! The Deutsche Bank Foreclosure Defense Team at MFI-Miami has brought the mighty Deutsche Bank to their knees not once but multiple times. Lee Friedman had his mortgage rescinded in 2014 thanks to MFI-Miami.  An Orlando judge dismissed a foreclosure action with prejudice brought by Deutsche Bank. MFI-Miami and  Attorney Craig Brand  proved Deutsche Bank lacked standing to foreclose. Deutsche Bank had also attempted to foreclose on Friedman four other times since 2008. Craig Brand blocked all foreclosure attempts. MFI-Miami scored another victory against Deutsche Bank and Ocwen in 2014. Steve Dibert  stopped Deutsche Bank from fo...