Foreclosures are up 15% over a year ago. That is the biggest rise since 2010 when the Sub Prime Crisis had shifted into gear. The Institutional Cash Buyers are long gone and the current trend is showing that even the ma and pa investor types are growing wary of the hidden dangers which lurk inside the walls of properties currently being churned out by the likes of Safeguard Properties (SGP) and Mortgage Contracting Services (MCS). Current stats show the cash purchasing pool is down to around 33.8%. Not to say I told you so, but I told you so. While HousingWire and the rest of the Drive By Social Media Pundits were out slapping each other on the back while spinning up Michael Breese, the Head Fraudster over at Homestar Property Solutions and allowing that piece of fucking shit to hock Investment Purchases of Non Performing Assets while funding them by defrauding Contractors Coast-to-Coast.
Breese is the epitome of why rags like HousingWire work pretty well lining my root cellar where my dog takes a shit from time-to-time. Breese and his fellow bottom feeder Ben Brunsen should have stuck with shaking down tourists in public restrooms — I say this as their actions strike me as those I encountered when I ran into those speed freak junkies in the Greyhound when I was in the military. The reality is that multiple National Association of Mortgage Field Services (NAMFS) Rank and File have approached Eric Miller, the swine whom consumes over ONE HUNDRED AND ELEVEN THOUSAND DOLLARS PER YEAR ACCOUNTING FOR OVER SEVENTY PERCENT OF ALL MEMBER DUES NOW to do nothing but get down on his knees, mouth wide open, as it appears to me.
Don’t get me wrong, if Miller gets a kick out of telling his NAMFS Rank and File whom foot his fucking bill to go fuck themselves when they say, “Hey, this is an ethical issue and the By Laws demand NAMFS investigate,” that he can’t stop cock blocking on behalf of his fraudsters like a pedophile cannot contain their urges, then perhaps it’s time to leave the NAMFS Regime and begin work creating a new Trade Association.
The reality is that Eric Miller, hand-in-hand with his cherry picked Board like Adam Miles and Adriana Farelo-Fernandez, have been fucking NAMFS Rank and File for years. Breese is simply another in a long and distinguished list — just about as long and distinguished as my Johnson — whom have picked up the Heather Berghorst torch and begun raping and pillaging their own Members in an attempt to stay afloat. Notice I did not say financially solvent, for if Breeze or any of his ilk had a Certified Financial Audit, they would be more insolvent than when Obama went, hat in hand, to his Masters at the Federal Reserve Board.
Part of the real estate woes lies squarely upon the shoulders of the NAMFS Regime. Attempting to say that no Ethics Investigations are warranted when the NAMFS Regime’s now disgraced and former Secretary is being sued for embezzlement, fraud and larceny by Contractors; Willful and Malicious Injury by Fifth Third Bankcorp; and new banks entering the fray like piss ants trailing sugar, is like saying that the homosexual pedophile diddling with an infant could not resist his or her urges. This is precisely what these NAMFS Regime Offender Members are: Predators. Lead by Kingpin Eric Miller, these financial terrorists have gone far beyond monetary rape; they are involved in systematic crimes against humanity.
“The future of companies our size depends on forward thinking and if you can’t adapt and evolve as a company you’ll die off,” said Breese in an exclusive interview in HousingWire magazine. Forward thinking. I like that. It is this same kind of forward thinking which has ensured that the Mortgage Field Services Industry is in no way prepared for 2015. This same kind of sexual predator thinking has ensured that after the vulture venture capitalists came in and stripped every last morsel of value out of a market which already raped the consumers and impoverished families coast-to-coast, including military veterans, any last hopes of even Craigslist Hacks surviving on the $3.00 or less in the Industry were extinguished permanently.
Here are the facts: The European Central Bank (ECB) is spiraling out of control in deflation; the Chinese economy is on life support dropping to its lowest level since 2001 and their real estate market — dropping 7.9% in valuation year-over-year — looks like Ebola Patients in Africa questioning why Western Corporations are using them like their own private pitri dish; and the collapse of the Russian Rubble all point in the same direction which Foreclosurepedia cautioned about and predicted nearly to the day at the beginning of the year. Toss in the HELOC Resets getting ready to clog the Industry Pipeline and you have the makings of a fucked up 2015. Did I forget to mention that Altisource is still refusing to allow legal and legitimate Contractors to onboard and Luxembourg (for those of you whom caught last night’s podcast) spun nothing but lies? Yeah, the hiatus is over with those cock suckers!
At the end of the day, it does not bode well for those Contractors whom choose not to become involved with the International Association of Field Service Technicians (IAFST). IAFST has been quietly working with a plethora of Clients to partner Management and Labor together. Management and Labor have a vested interest in performing at 100% upon Portfolios and additionally have a vested interest in the removal of bad actors like Michael Breese and the rest of the Cartel which Eric Miller and his NAMFS Regime protect.