Thu Nov 14 15:14:59 EST 2024
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24 Asset Management Class Action Lawsuit Cranking Up

We knew it was coming. Fast Eddie San Roman, the Florida #Fraudster-in-Chief finally ran out of rope. 24 Asset ManagementUEI URM8YYHQMLG3, CAGE 6EK51 — is simply the pig with lipstick that Assero used to be. Here are the numbers for the obligations on the HUD M&M FSM, to date. Remember, obligations are simply to top level that might be paid. It is the outlays that matter. And unless the reporting is lagging, I do not see a dime outflowing to the #Fraudsters. A simple search on Foreclosurepedia tracks the fraud that HUD has overseen, simply with these two entities, and now the $6 HUD HPIR inspections offered by Matt Martin’s Spectrum Solutions.

HUD has been aware of the issues going all the way back before the HUD M&M FSM 3.0 and the Pyramid – White Feather days. How do I know that? For over a decade and a half I have advised a multitude of HUD officials and Congressional Representatives. HUD goes to extremes in order to protect the fraud. Take, for example, HUD’s refusal to advise the US taxpayer about the performance of these #Fraudsters — even after the filing of FOIA. HUD stated that it is unfair to the #Fraudster to have their fraud to become known. Even HUD OIG refuses to do anything more than issue a report and then, wait for it, allowed Innotion Enterprises to recommend what should be done and altered their report accordingly. Simply search them on Foreclosurepedia.

It gets better, though. Not only did HUD do jack shit, HUD went on to allow Innotion Enterprises to receive new awards which then needed to be removed from them, AGAIN, and awarded to a sole provider, virtually nationwide! 

There is a firestorm over on Preservation Talk pertaining to Fast Eddie and his former playmates. One thing that the amateur sleuths are getting wrong is stating that HUD’s Craig Karnes is responsible. Granted, in the sense of a CEO, he is. But like all things government, there is a hierarchy. Almost a decade ago that would have been correct as he was the Director of the M&M. Today, it is correct that he is the Assistant Chief Procurement Officer for Field Operations. This means ALL FIELD OPERATIONS. Several people could be contacted. First, Sharon Washington — Sharon.l.washington@hud.gov — is the Division Director for Atlanta OCPO, which has national responsibility for the M&M contracts (AM, FSM and MCM). And what is the HUD M&M AM and FSM? Good question — the AM is the Asset Management and FSM is the Field Service Manager contracts.

If you want to get paid, a Notice of Intent to Lien MAY get you some attention. The sad reality, though, is that you are not legally allowed to lien a US government asset, which is what these are on the HUD post-conveyance M&M FSM contract. Ironic, as the US government may lien YOUR property! I suppose you could theoretically invoke the Miller Act, but good luck with that. Where you will get play is by filing litigation against 24 Asset Management for Breach of Contract, Promissory Estoppel — this could be without a contract and based upon Vendor Manager’s promises, as well — and Unjust Enrichment.

Noting that I am not a lawyer nor giving legal advice, all of your issues could have been solved by simply running a Foreclosurepedia search. With over 2,300+ articles, we have been covering the #Fraudsters for over two decades now.

Names like Maria Saralegui, Dylan Braithwaite, Breanna Byars, and Jamie Mackle are all multi-year, revolving door agents of chaos when it comes to what is happening at 24 Asset Management. They previously worked on the HUD M&M FSM and knew the law and they know PRECISELY what they are doing over at 24 Asset Management, now. So, if I were a Contractor looking to litigate, they would be included on my list either as Defendants or, at minimum, they would be at the top of the witness list. They are the foot soldiers whom, based on previous experience, know precisely what is going on and what should be going on. And at the end of the day, when you get people who have to foot their own legal bills, the tables turn quickly, as we saw with the National Field Network Involuntary Bankruptcyyeah, you know it, simply search it on Foreclosurepedia!

For those out there that want to know precisely how many assets there are, in roughly real time, simply go to the HUD Home Store. In most states there are only a couple of houses; in nearly a dozen there are zero, and Florida has the most with 72. So, do the math on how much money 24 Asset Management is loosing! Remember, they get paid for the services rendered and not a penny more! So, sharpen those pencils and get the litigation rolling if you are not getting paid!

As in all things in this Industry, Good Hunting!

Steve Horne: How Black Dome’s Refusal To Pay Is In Its DNA

Former bankrupted Wingspan CEO Steven Horne is back in action again refusing to pay as the now CEO of Black Dome. First hand accounts from a former Wingspan employee, documented the pervasive racism and grind that only profited rich, white men. HousingWire was similar in its fire and brimstone reporting stating, “Those debt holders began to grow unsteady when Wingspan allegedly failed to pay even the first payment due.” and “Another issue with Horne, another source said, was the allotment of the company’s philanthropic resources toward a family member’s singing career. It is unclear how exactly this happened and the source would not elaborate, instead stating, “the bottom line is Steve mixed personal expenses with professional expenses.

Horne’s selection of both former Wingspan executives and documented slow pay/no pay MSI hacks like Nabil El Gadari, make clear that Black Dome has zero interest in a culture of timely pay and rewards profits over people. In fact, MSI, along with Eviction Enterprises are both back on slow/no pay cycles.

As recent as September 2024, the following was stated publicly by a victim, when it came from Black Dome’s refusal to pay, and their need to contact Pathlight,

We are in Washington State and have worked with Black Dome in numerous jobs starting at the beginning of this year. These were cash for keys jobs that they obtained from Pathlight. Blackdome has NOT paid us still for the work we completed over 8 months ago. We had to go directly to Pathlight as Blackdome was stating they were not paid from Pathlight. We worked directly with the rep from Pathlight and got the funds paid out and confirmed to Blackdome. This process took approximently [sic] 2.5 months to complete. We then sent the written confirmation from pathlight [sic][to blackdome [sic] showing them payment was made to them. Black dome still has not paid us. We have called them, text, emailed weekly asking for updates as to resolving this matter. They are now not responding to any of communications. They owe us over 20,000.00. We have spoken with contractors outside of Washington State in Arizona who have expressed they are experiencing the same issue with Black dome. Within the past 4 weeks we were able to obtain the contact for Steve Horne at Black Dome who is apparently the CEO/director. We have not received any return communication from him either. We are left with few choices at this time to recover the monies.

Additionally, though, we were able to verify ongoing Black Dome issues in Alabama and Nevada. We will have a larger piece out, later this week, in our Paid Industry Insider.

CMMC Assessments Mandatory for DoD Contractors by January 2025

As the Department of Defense (DoD) continues to strengthen its cybersecurity posture, contractors working with the DoD are facing new compliance requirements starting in January 2025. The Cybersecurity Maturity Model Certification (CMMC) 2.0 program is set to become mandatory, bringing significant changes to how contractors handle Controlled Unclassified Information (CUI) and protect sensitive data.

CMMC 2.0: A New Era of Cybersecurity Compliance

CMMC 2.0 is an evolution of the original CMMC framework, designed to protect sensitive defense information residing on contractors’ information systems. The program aims to ensure that companies bidding on defense contracts have implemented appropriate cybersecurity practices and processes.

Key changes in CMMC 2.0 include:

  • Three compliance levels instead of five,
  • Allowance for self-assessment at Level 1,
  • Alignment with widely accepted NIST SP 800-171 standards, and
  • Increased oversight and accountability.

DFARS and Its Role in CMMC Compliance

The Defense Federal Acquisition Regulation Supplement (DFARS) clause 252.204-7012 has been a cornerstone of DoD cybersecurity requirements. It mandates that contractors implement NIST SP 800-171 controls to protect CUI. CMMC 2.0 builds upon these requirements, making them more robust and verifiable.

Contractors must ensure they are compliant with both DFARS and CMMC 2.0 requirements by January 2025 to remain eligible for DoD contracts.

FedRAMP and Cloud Security

The Federal Risk and Authorization Management Program (FedRAMP) is a government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. While FedRAMP compliance is not explicitly required by CMMC 2.0, it plays a crucial role in ensuring that cloud services used by DoD contractors meet federal security standards.

Interestingly, the certification status of major cloud providers has become a topic of discussion in the industry. As of 2024, Google Cloud Platform has achieved FedRAMP High certification, demonstrating its commitment to meeting stringent federal security requirements.

Microsoft’s FedRAMP Status: A Cause for Concern?

In a surprising development, Microsoft, one of the largest cloud service providers, has not yet achieved FedRAMP certification for its Azure Government cloud offering. This lack of certification raises questions about the readiness of some contractors who rely heavily on Microsoft’s cloud services to meet CMMC 2.0 requirements.

Contractors using Microsoft Azure for handling CUI or other sensitive DoD data may need to reassess their cloud strategy and consider alternatives to ensure compliance with CMMC 2.0 and related federal security standards.

Preparing for January 2025: Steps for DoD Contractors

As the January 2025 deadline approaches, DoD contractors should take the following steps to ensure CMMC 2.0 compliance:

  • Assess current cybersecurity posture against CMMC 2.0 requirements,
  • Implement necessary controls and processes to address any gaps,
  • Consider FedRAMP-certified cloud solutions for handling CUI,
  • Stay informed about updates to CMMC 2.0, DFARS, and related regulations,
  • Begin preparing documentation for third-party assessments (if required), and
  • Train employees on new cybersecurity practices and procedures.

Conclusion

The implementation of CMMC 2.0 in January 2025 represents a significant shift in how DoD contractors approach cybersecurity. By understanding the requirements of CMMC 2.0, DFARS, and FedRAMP, and staying aware of the certification status of major cloud providers, contractors can position themselves for success in the evolving defense contracting landscape.

As the deadline approaches, it’s crucial for contractors to take proactive steps to ensure compliance and protect sensitive defense information. Those who fail to meet these new standards risk losing their eligibility for DoD contracts and potentially compromising national security. If you need help, feel free to reach out to Foreclosurepedia as we continue to expand our services provided with Digital Matrix Group.

Trump Elected: Will HUD’s Reconning Finally Come?

For years, fraud has run rampant on FHA insured and reverse mortgage assets when it comes to paying Labor. In fact, if you overlayed a map on a timeline representing Democrat versus Republican Presidents and the occurrences of fraud and the refusal of HUD to intervene, there has always been a Democrat in the White House. Whether you look at the tens of millions of dollars fleeced by NAMFS members dating back to the multiple bankruptcies of Heather Berghorst and Amanda Buczek days or the culmination of the now seven years and counting forced National Field Network (NFN) involuntary bankruptcy, it has always been under the watch of a Democrat. It wasn’t until the first Trump presidency that fraud began to level out only to come raging back under the Biden Administration. And no one will ever forget the sabotaged Whistleblower lawsuit filed under the Obama Administration clearly documenting over a billion dollars in fraud against US Bank and Five Brothers — now owned by MCS. That was quietly swept under the rug by then US Attorney General Eric Holder and his US Attorney lackey from New Jersey, Valorie Smith, a former US Bank mouthpiece.

The National Association of Mortgage Field Services (NAMFS) had a historic opportunity to increase the pay and quality of life for Labor when they were awarded obscene pay raises from HUD, Fannie Mae and Freddie Mac, months ago. The only reason that they were successful in the pay raises was from lobbying on the backs of Labor. Since then, though, not a single penny in pay raises have been issued. In fact, the MCS owned surrogate, GIS Field Services, regularly pays $5.90 per inspection in metro areas. It is also noted that Fannie Mae was forced to pay tens of thousands of dollars back in the NFN involuntary bankruptcy all under the watchful eye of the Biden Administration.

Ironically, with the Trump Administration looking to cut administrative overhead and crack down on the graft, greed and corruption in combination with foreign national control, the HUD Management and Marketing (M&M) Asset Manager and Field Service Manager contracts are always low hanging fruit. We have written extensively about the illegal activity ongoing at Fast Eddie San Roman’s 24 Asset Management vis-à-vis Assero and its million dollar fraud spree. This, all under the watchful eye of HUD’s Procurement arm in the out-of-control Biden Administration. Since the departure of HUD’s former Secretary, Ben Carson, the agency has become a cesspool conducive to fraud, waste, and abuse. A simple perusal of Foreclosurepedia stands as a testament. Moreover, though, when it comes to the inability of HUD M&M Awardees to protect US government information. One such event was the JGM Property Group’s attempted hack, via viral injection into the International Association of Field Service Technicians (IAFST). This, in combination with Spectrum Solutions continued demand for $6 HPIR inspections on federal contracts clearly documents HUD’s racket of protectionism when they are in clear violation of Executive Order 14026 which demands a MINIMUM of $17.25 per hour pay.

Nothing, though, is quite as egregious as the nearly eight years of bankruptcy of National Field Network. It has been a lawyer’s wet dream of billing where everyone except the victims have come out winners. Even after the death of Jack Jaffa’s shot caller, Shari Nott — NFN’s CEO — the billing marches on. Millions of dollars were fleeced from Labor under the attentive eye of HUD, Fannie Mae, and Reverse Mortgage Solutions. So egregious was the fraud that Fannie Mae was ordered to pay back tens of thousands of dollars. And HUD’s response? Yeah, quite the same as it was during the whistleblower’s lawsuit. Stone, cold, deafening silence. It should also be noted that one of the original filers in the NFN Involuntary Bankruptcy became yet another victim for services rendered — and then unpaid — on another HUD reverse mortgage asset.

We are going to dig deeply into the all star Biden Administration’s HUD players later this week. In the meantime, here is an excerpt from a soon to be released publication. It begins to lay out the ongoing conspiracy to defraud both Labor and US taxpayers.

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Will Trump 2.0 change the way that business is done in our Industry? Perhaps. If nothing else, though, Steve Bannon’s de-administration of the Industry may be just what the doctor ordered.

Ken Bauman Accused of Racism, Failure to Pay at Eviction Enterprises

Shocking new details are now coming out about Eviction Enterprises and their failure to pay a Hispanic female victim. Eviction Enterprises is led by President Jonnie Rumbaugh, who also co-owns one of the Industry's largest insurance providers, York-Jersey. Keeping Kenny Bauman in line appears to be a problem for Jonnie, these days. As many are aware of, Foreclosurepedia has been closely monitoring thousands of dollars owed by . . .

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