Joining the ranks of National Association of Mortgage Field Services (NAMFS) alumni bouncing checks around the US, Eduardo San Roman, owner of 24 Asset Management and Assero, made his recent appearance. Earlier today, Foreclosurepedia received a check which is alleged to have bounced and was issued to a small business in South Carolina. In fact, South Carolina appears to be a hotspot for NAMFS member check kiting going all the way back to the days of Heather Berghorst, the former NAMFS Secretary and owner of Berghorst Enterprises, Adam and Amanda Buczek of Buczek Enterprises, Carol Boyd of Boyd Property Preservation, Shari Nott and Jack Jaffa of National Field Network, Robert English Bob Kapeluch, and now obviously Eduardo Fast Eddie San Roman of 24 Asset Management/Assero, according to Assero’s latest victim.
Most cases of fraud in the US are perpetrated by White offenders, which is why it is rare to see Latino offenders, such as Fast Eddie San Roman perpetrating such heinous acts against impoverished and in many cases, minority owned, small businesses. First, as seen above, there is no doubt that Fast Eddie‘s signature authorized the check. Second, there is no doubt that Assero is operating out of the same office address as 24 Asset Management. As of the time of publication, the victim continues to stand by their claim and neither Fast Eddie San Roman nor Assero have denied the claim. And finally, what is even more troubling is how the Latino community in Miami would stand by while one of their own destroys lives during the holiday season.
If you want to follow the collusion, it is actually fairly simple. Eduardo Fast Eddie San Roman knew he wouldn’t be accepted within the financial sector without surrounding himself with legitimate people. First up was Greg Seale, based out of San Diego. Next, was Lee Mertins and his ever so close, burly bear and BFF Brian Nisbet. And finally, taking a play out of the former AMS playbook, where they all originated at, they began puddle jumping the addresses and foreign national incorporations ranging from Delaware to Pennsylvania to Florida. We have a full listing at the end of this article.
Fact of the matter is that while a Senior HUD official state there is no responsibility to ensure payments to Labor because neither Assero nor 24 Asset Management performed HUD work, they are sadly mistaken. In fact, without any evidence whatsoever, HUD immediately jumped to the defense of Fast Eddie San Roman, as opposed to requesting any information from him or offering to investigate on behalf of the victim’s statement submitted to HUD. Here is what that statement had to say, that was received by HUD nearly a week ago,
We are declining to work with 24 Asset at this time. While we do cover remote areas of Arizona, Utah, Nevada, Wyoming and Colorado, we will not apply until outstanding debts have been paid. As the parent company of Assero, there is still an outstanding debt owed to us for inspections in June, July and August of this year. We were not paid for completed work orders despite many attempts and have no obligation to continue to work with a company that does not honor their contracts or labor force.
The imaginary Chinese Wall which HUD relies upon is that FHA is not part of HUD; HUD M&M FSM work — FHA post conveyance work — is not part of FHA; and although Fannie Mae and Freddie Mac are under the legal conservatorship of HUD, these work orders do not apply to HUD. It is a Maginot Line that does nothing other than empower a deep state of actors within HUD to keep the profits churning for Management and destroy the lives of Labor.
Labor is having nothing to do with the HUD mess. In fact, with nearly One Million Dollars owed to Labor by Assero on Fannie Mae and LoanCare work, Foreclosurepedia has blacklisted Assero and 24 Asset Management. Additionally, the International Association of Field Service Technicians (IAFST) has issued alerts against both firms as well as JGM Property Group. Fact of the matter is that even if Labor were to be swayed to participate upon the HUD M&M FSM contract, the pricing anticipated to roll out in March of 2024, is nearly 40% less than what is being paid now. Bring this, in conjunction with the hundreds of millions of dollars in profits pocketed on the Fannie Mae, Freddie Mac, and HUD price hikes — with ZERO dollars flowing downward to Labor — all HUD work is now on the chopping block. Recent surveys taken by the IAFST Federation of Labor, an IAFST Caucus, have shown a willingness to completely sever the HUD product line. And as IAFST Members now perform nearly 107,000 inspections per month for the Industry, this could rapidly equate to gridlock. That gridlock would not only seize up the ability to meet statutory deadlines required by law, but would, in turn, cost Prime Vendors tens of millions of dollars per week.
What needs to be understood here is that the Regional Order Mills, the very folks whom believe that they are doing a service for the Industry, have zero control over whether or not Labor shows up at the job site. To that point, Foreclosurepedia’s first duty is to Labor and the Industry, second.
If you tell the truth, you cannot worry about what your detractors say, including those within the US government. The time has come for Labor to begin voting with the power of their work. Show your support for the 24 Asset Management boycott and join with your fellow Labor in refusing to work for Prime Vendors refusing to increase pricing while they receive the price hikes! After all, with the cost of living up 20% simply year-over-year, Labor owes not a damn thing to HUD, let alone the Industry itself!
