MFI-Miami Launches Service Investigating Securities Fraud by Lenders

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Tue Sep 15, 2009 2:24pm EDT

WEST PALM BEACH, Fla.--(Business Wire)--
MFI-Miami, LLC, a mortgage fraud investigation company, announced today that
it`s launching a nationwide service investigating the mortgage securitization
process. The service will be managed by Elizabeth Jacobson, who will oversee
this project for MFI-Miami`s sister company, MFI-DC, LLC. 

MFI-Miami will investigate the pooling and servicing agreements, as well as the
contents of the certificate that the trustee alleges to contain the mortgage.
MFI-Miami will also determine if the certificate was part of a credit default
swap that may have been paid as part of TARP or by a third party. These three
items are essential for determining if the lender can legitimately enforce the
terms of a homeowner`s mortgage or if the lender or trustee is committing
securities fraud. 

"I`m very excited about starting this new service," says MFI-Miami President,
Steve Dibert. "Not only will we be able to prove or disprove the legitimacy of
any claims made by the lender, but we`ll also be able to determine if the lender
is trying to collect from the homeowner after already being paid with TARP
funds." 

Massachusetts Attorney Glenn Russell, Jr. agrees. "This is a valuable tool for
any attorney doing foreclosure defense or loan modifications," he says. "This
report is like firing a first strike nuclear missile at the lender. With one
shot, the battle is over!" 

About MFI-Miami

Headquartered in Boynton Beach, Florida, MFI-Miami, LLC and its sister companies
- MFI-DC, LLC, MFI-Boston, LLC, and MFI-New York, LLC - conduct compliance
examinations and mortgage fraud investigations. These four companies are also
the only firms that investigate the securitization instruments of clients`
mortgages. For more information, visit www.mfi-miami.com, contact 561-317-9978,
or email info@mfi-miami.com. 

AboutGlenn F.Russell, Jr.

Glenn F. Russell, Jr. is located in Fall River, MA. He`s a member of the
Massachusetts and Connecticut Bars, where he specializes in foreclosure defense,
bankruptcy, personal injury and divorce law. For more information, visit
www.foreclosuresinmass.com, call 508-324-4545, or email russ45esq@gmail.com. 

About Elizabeth Jacobson

Elizabeth Jacobson was the top retail sales manager for Wells Fargo before
leaving to become a paralegal specializing in foreclosure defense. She`s now the
City of Baltimore`s key witness in its multimillion dollar predatory lending
lawsuit against Wells Fargo. 



MFI-Miami
Stephen Dibert, President, 561-317-9978
steve@mfi-miami.com or www.mfi-miami.com


Copyright Business Wire 2009

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