The disgraced former Secretary of the National Association of Mortgage Field Services (NAMFS) Regime Heather Berghorst and her ne’er-do-well hubby Doug Berghorst have been living pretty high on the hog since filing their Chapter 7 Bankruptcy we are hearing. For those not familiar with the the Berghorst Enterprises Fraud Campaign, simply search through Foreclosurepedia as we have been covering it for over a year. Make no mistake there is plenty of blame to go around. While originating with Heather and Doug Berghorst for creating a Ponzi Scheme which used Contractors to prime the pump, the National Association of Mortgage Field Services; Eric Miller, was complicit at best. Miller knew for quite some time that the status quo was problematic. Whether or not Miller refused to conduct Ethics Hearings due to fear of retaliation; whether Miller privately supported the atrocities committed against Contractors; or whether for political expediency I do not know. We also know that a multitude of National Association of Mortgage Field Services Members continued to stream work to Heather and Doug Berghorst even as Foreclosurepedia continued to both publicly and privately document the multitude of ongoing fraud and Berghorst’s financial insolvency.
Heather and Doug Berghorst’s filing for complete discharge of bankruptcy is a signal. Make no mistake whatsoever that Heather and Doug Berghorst are doing such with the blessing of outfits like Altisource, Safeguard Properties, Five Brothers and the plethora of others I reported upon. To say otherwise is pure, unadulterated bullshit. My rationale is that any of these Clients could have demanded a full and transparent accounting — Altisource did, in fact — and turn over that accounting to the Bankruptcy Judge. The Clients all know full well, though, that as they never performed due diligence upon Berghorst, they are just as liable as she is. Best to have her disappear and resurface later while allowing the Contractors to suffer the price.
Nick Hanauer made some recent observations over on Politico which relate to the Article Title and I believe merit publication. In actually, his observations are almost identical to that which Eric Miller attempted to sue me for, in the name of the National Association of Mortgage Field Services a year or so ago.
What everyone wants to believe is that when things reach a tipping point and go from being merely crappy for the masses to dangerous and socially destabilizing, that we’re somehow going to know about that shift ahead of time. Any student of history knows that’s not the way it happens. Revolutions, like bankruptcies, come gradually, and then suddenly. One day, somebody sets himself on fire, then thousands of people are in the streets, and before you know it, the country is burning. And then there’s no time for us to get to the airport and jump on our Gulfstream Vs and fly to New Zealand. That’s the way it always happens. If inequality keeps rising as it has been, eventually it will happen. We will not be able to predict when, and it will be terrible — for everybody. But especially for us.
The reality is that the Mortgage Field Services Industry is in quite a world of shit. Between Berghorst Enterprises and Buczek Enterprises the number of Contractors defrauded is in the hundreds. The amounts owed are in the millions of dollars. Both of these firms have a common link and friend — Altisource. Months after Altisource promised to pay on some of the Buczek Enterprises debt, they have failed to. Time and again I wonder how far up the food chain this apparent conspiracy goes? Ocwen, perhaps? I mean maybe William Erbey or his staff sent marching orders out that Altisource was to stall for time so that Berghorst could orchestrate a bankruptcy? Is the same now true with respect to Adam and Amanda Buczek? While my Source would adamantly deny this, perhaps it is time to have a full and transparent disclosure of what Altisource knew and when they knew it.
CMI Credit Mediators INC entered the Mortgage Field Services Industry on a collections mission. Nearly two months ago, CMI began wooing Contractors with large words, but no results thus far. In fact, I have yet to find a single dollar collected by CMI and more on point, many of their accounts for collections were against Berghorst whom has filed for Bankruptcy. The reality is that CMI has been loathe to state anything publicly and in several cases, Contractors were not even issued a Contract for debts in the MILLIONS OF DOLLARS. — I’m a bit wary because there is no formal contract or signing of any documentation just an invoice created by myself for the debt owed. — From a Client of CMI.
CMI has been recalcitrant in their public discussions of anything other than to infer they are the King of the Hill in debt collections. The question which presents is whether or not CMI will go to the mats for Contractors; whether they will litigate, or whether they will simply take a pass. Accordingly, I am advising any and all Contractors whom are dealing with CMI to begin the Lien Process and buttress this with both the filing of a Complaint (simply click the link) with the Consumer Financial Protection Bureau and additionally shopping the debt around to other debt collectors for second opinions. Whether or not CMI likes my opinion I could give two shits.
I have long predicted that there comes a breaking point; that at some point in time Contractors portray that which Hanauer opined upon earlier. Unfortunately, I am unable to identify a single prime vendor in this Industry whom could make good on all outstanding debt they hold with respect to Contractors; if the debt were to be called in immediately. The reality is that the margins are too slim anymore. Contractors currently receive around 18 cents on the dollar by the time a work order gets to them — if they are even paid at all. What Miller, et al., could never have predicted was that one of their own; a NAMFS Regime Board Member, would do the unthinkable. The unthinkable is to begin to siphon NAMFS Regime intelligence to Foreclosurepedia which substantiates my overall beliefs. As the weeks and months go on; as the September Fraud Festival kicks into high gear, Foreclosurepedia and its audience will have front row seats.
Neither Contractors nor the 99% want to pick up pitchforks. The reality is that these men and women simply want to work and be paid, in the case of the Contractors, and paid a living wage. The National Association of Mortgage Field Services will have nothing to do with that, though. At some point in time I stand by my prediction that we will inevitably end up with a body count. Hate and discontent have been fomenting within the Industry for several years now. As Eric Miller and his merry band of heathens continue to dance around the pyre, they appear to be inattentive to the restlessness of the natives.
This is not going to end well for anyone. The National Association of Mortgage Field Services still maintains disgraced and now financially insolvent Heather Berghorst on their Membership Roster. This sends a very clear and distinct message that fraud is en vogue with the NAMFS Regime and it will not only be tolerated, but defended. Adam Buczek learned the hard way that some Contractors were out for blood. The question that presents is will the Mortgage Field Services Industry force the NAMFS Regime to hold its Membership accountable or will New Zealand be an option. The reality is that even if the NAMFS Regime attempted to flee, the Contractors would probably already be at the airport waiting.
By late January, Altisource had Deep Sixed Berghorst Enterprises. The problem was that they reentered into Contracts with Heather Berghorst under a new company name — Heritage Home Solutions. From late January, 2014, through May 29th, 2014, Altisource continued to send Berghorst work. The problem which presents is why did pay from Altisource to Heather Berghorst continue knowing that Contractors were not being paid and why did Altisource initiate a new working relationship with Berghorst under a fraudulent company shell for yet another 100+ days?
I have no skin in the game. I opine upon that which I observe and Contractors and Clients discuss with me. The NAMFS Regime is playing a dangerous game of chicken with both Contractors and Clients like Altisource and Ocwen. Ocwen, for damn sure, does not need thousands upon thousands of CFPB Complaints filed upon each and every property Heather Berghorst refused to pay upon and yet that is precisely what Altisource is ensuring that Bill Ereby is going to receive. It begins and ends there. Altisource had nine full months to prepare for this and they chose not to; they chose to ensure that Berghorst and eventually the Buczek’s would be able to bankrupt out their debt to Contractors. Lip service is great fodder for the cocktail circuit; what Contractors need is the money for the services they performed upon Ocwen Portfolios. More on point, though, is that people within Altisource like Pat McTaggart, Altisource Vendor Manager in Atlanta, should stop being disingenuous with Contractors. Later today, we will publish emails which appear to identify McTaggart stalling Contractors. In fact, while McTaggart was preaching that she “…Need[ed] to wait on directions here…” and that the Contractor should stand by, Berghorst had already filed bankruptcy. When these emails are released, it will paint a very different picture of Altisource and the timelines upon which things began a downward spiral.