We knew it was coming. Fast Eddie San Roman, the Florida #Fraudster-in-Chief finally ran out of rope. 24 Asset Management — UEI 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 Bankruptcy — yeah, 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!