MFI-Miami Launches Service Investigating Securities Fraud by Lenders
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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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