The financial backbone of firms like Guardian Asset Management, Northsight Management, and Mortgage Contracting Solutions are hedge funds and Real Estate Investment Trusts (REIT). Today, one of them went belly up. The backstory of Ashford Hospitality Trust is as interwoven into the rehab and restoration business as the fraud by the National Association of Mortgage […]
National Association of Mortgage Field Services (NAMFS) member Safeguard Properties (SGP) has been quietly forcing Labor to continue to take price cuts during the National Pandemic. I want that to sink in, for just a moment. As opposed to the inordinate amount of chargebacks — whether legal or illegal remains for a Tribunal to determine […]
The National Association of Mortgage Field Services (NAMFS) has now superceded the incompetence displayed by the Trump Administration with respect to COVID-19. I did not think that would even be possible. Confirmed reports are coming in now from NAMFS members that contractors are being fined by authorities in the State of Michigan for violating Governor […]
Just some musings here as I contemplate where I am going to lay my head over the rest of the year. Foreclosurepedia, for nearly a decade, has prognosticated — with nearly 98 percent accuracy — all manner of Mortgage Field Services Industry futures as well as many associated with geopolitical events. For example, nearly two […]
When it rains, it pours. And the inevitable has finally come to pass with respect to the vulture capitalists whom operate as non bank servicers in the mortgage industry. Last week, Mark Calabria, director of the Federal Housing Finance Agency, which oversees Fannie Mae and Freddie Mac, said in an interview on CNBC that a […]
