The National Association of Mortgage Field Services (NAMFS) is probably one of the most efficient, blunt force rackets I have ever encountered in my lifetime. With tens of millions of dollars of fraud perpetrated against Minorities and Labor alone per year, it is a miracle that no one is dead yet — and we are not even talking about the hundreds of millions of dollars against the US Government. NAMFS is a well lubricated, Distributed Denial of Service (DDoS) organization. What I mean by this is that NAMFS, as a trade association, violates at least the spirit of anti trust if not the outright legal doctrine. We will get to that in a moment.
Trade associations, or Business Leagues as the Internal Revenue Service (IRS) legally defines them, possess a tax exempt status conferred upon they at the sole discretion of IRS. Generally speaking, trade associations are generally pro competitive. The end result of legally operating trade associations are items which are rarely known: Consumer benefit and competition friendly.
NAMFS is a dichotomy of good and evil. I suppose one could go as far as make a correlation to The Good, the Bad and The Ugly, as was one of the spaghetti westerns in which Clint Eastwood, Lee Van Cleef and Eli Wallach. Fact of the matter is that the term The Good, the Bad and the Ugly is a commonly used title phrase in the legal community. Jon Leibowitz, then Commissioner of the Federal Trade Commission, used it in his title for his Remarks at the American Bar Association Antitrust Spring Meeting in March, 2005. That is a subject which Foreclosurepedia will address, at length, in the coming weeks.
Regardless, Micheal Breese, a product of the NAMFS dot com days, has reared his ugly head — again. As many will remember, Foreclosurepedia worked with the State of Minnesota to have Breese’s licensing revoked in Minnesota and fines issued. In fact, HomeStar Property Solutions, bankrupted out and reinvented again, became the Poster Child for Eric Miller several years back. Miller, the Executive Director of NAMFS, is probably trying to forget about the day in which he and most of the Drive By Media Outlets held their boy up to be the best thing since sliced bread when the Texas offices were opened. We had informed Miller about his fraud and being on the run from Minnesota, but as are most things Eric Miller, money paved the way for the wink and a nod that NAMFS has become notorious for.
While about $30,000 short on what was owed, the interesting thing to note is that the address upon which Breese lists as his legal residence actually is a home for sale.
We will keep you in the loop as the millions of dollars in fraud begins to catch up with Mike and take a long hard look at his recently reopened divorce case which is sticking to him like a bad case of the clap!