For quite some time now, Labor has been scratching their heads over a trifecta of atrocities targeting they and their families. Over the past several years, Offender Members of the National Association of Mortgage Field Services (NAMFS) Regime have been defrauding Members of Labor to the tune of millions of dollars per year. Last year, Offender Members of the NAMFS Regime began illegally employing a tactic known as chargebacks on work two, three and four years old. Finally, in a page out of the Sherman Act files, Nationwide pricing was instituted by all Offender Members of the NAMFS Regime with recent subtle tweaks by firms like Mortgage Contracting Services (MCS) wherein twenty cents per Inspection was taken, across the board, as a and I am quoting MCS here, “…cost savings adjustment that will affect states and areas that your company is currently allocated in.”
The Herald-Tribune, down in Sarasota, FL, just published a very interesting article on Institutional Investors and their purchasing and rehab of distressed assets and converting them over to rentals. Truth be known, I am intimately familiar with one of the key players, Blackstone, as I was contracted by a Client for an Intelligence Assessment; I performed……a cost analysis and spun up substantial dossiers on their THR Group and the slew of criminals roaming the hallways of many of their properties. As the Herald-Tribune reported, the Institutional Investors are pocketing a substantial amount of profit based upon their hoarding of the properties which has driven property valuations skyhigh.
Blackstone, a major buyer in Southwest Florida, has the most homes examined in the study, with 14,108 purchased nationwide. That is $522.6 million in potential gained equity, a 23 percent increase.
American Homes 4 Rent was second, with 12,811 purchases and $409.4 million in gained equity, also up 23 percent.
Colony American Homes came in third with 4,935 home purchases that have added $194.4 million, or 28 percent, in equity.
Let me walk the uneducated people down a short road of mathematics bearing in mind that while Ray Griffin’s BOTG LinkedIn Members like Terri Berry are implying that Labor needs to do their work better instead of worrying about pay, the reality is that nothing could be further from the truth. The inconceivable notion that the harder one works in the Mortgage Field Services Industry the more money they will make is precisely the type of mentality which Wall Street propagandists have been preaching with respect to the foreclosure crisis. The truth of the matter is that Griffin’s Group harbors the very same sentiments which got Labor into the trouble they are in today!
The recent $1.1 Trillion dollar budget passed by Congress had a rollback of a key derivatives section within Dodd – Frank. As with Berry preaching to Labor that it should suck it up and continue to get raped, so Citigroup hired their own Pied Piper in Congressman Kevin Yoder of Kansas. Take a read to what Wall Street on Parade had to say the other day,
Citigroup received the largest taxpayer bailout in history during the financial crisis as a result of its unchecked derivatives: $45 billion in TARP funds; over $306 billion in asset guarantees; and more than $2 trillion in low-cost loans from the Fed according to the General Accountability Office. The abject repulsion that the very bank that got the biggest handout and played a pivotal role in collapsing the economy should now be gaming Congress to repeal financial protections drew a joint letter of protest from Republican Senator David Vitter of Louisiana and Democratic Senator Sherrod Brown of Ohio. (See Senators Sherrod Brown and David Vitter Ask House to Remove Citigroup Provision on Derivatives from Cromnibus for full text of letter.)
Here is the reality: Renters paid almost $414 Billion dollars in rent in 2014. Over the past 14 years — yeah, that takes us back to pre crisis — rent has doubled. Now Terri Berry, fucking explain to me how doing the work better — I mean does coverage of one small county out of 3,007 in the United States establish guru status — cements both a better wage or even a guarantee of being paid?! Or, is this simply a continuance of the NAMFS Regime Kool Aid hangover after Florida FAST?
This type of mentality is straight out of the Nazi Propaganda Playbook. Look, the Nazis knew that the easiest way to convince the Germans that what they were doing was for the good of all, was to hand select Germans to influence each other. Those whom would not get with the program; those whom questioned the Party Line, were blackballed and killed.
Not much difference between the rise of the Nazi Reich and today’s Mortgage Field Services Industry. Foreclosurepedia speaks out and the lives of both myself and my family are threatened by the Buczek Clan — Buczek Clan as in originating from an IP Address owned by a member of Adam and Amanda Buczek’s family. And what did Eric Miller do when the lives of myself, my 4 year old son and fiancee were threatened? Nothing. And yet Eric Miller, the Executive Director of the National Association of Mortgage Field Services (NAMFS) Regime had the audacity to attempt to sue me turned a blind eye when those paying is ONE HUNDRED AND TWENTY THOUSAND DOLLAR PLUS A YEAR SALARY CONSUMING OVER SEVENTY PERCENT OF ALL MEMBER DUES AND CONTRIBUTING TO OVER FIFTY THOUSAND DOLLARS IN NAMFS LOSSES IN FY2013 were proven to be threatening murder.
On the real, fuck Eric Miller and fuck his NAMFS Regime Offender Members. In the same way that brave men and women stood up to the Nazis, so do I and those whom follow me against the NAMFS Regime! It is time to rise up against the NAMFS Regime Offender Members and utilize legal means to ensure their incarceration for the atrocities they have committed against Labor. Oh, and with respect to Adam Buczek whom used his lawyers to buy time pretending to file bankruptcy; with respect to Robert Bridges, the former Associate General Counsel of Altisource from whom I have reams of emails stating that Labor would be compensated as Altisource continued to pay Buczek Enterprises,
Reach out to Rolando Peralta or Greg Blair or hundreds of other Contractors from New York to California. These are both Contractors in New York whom are still owed tens of thousands of dollars even after Adam Buczek negotiated the sale of their Derby, NY, office complex.
Remind me again how it is that Buczek Enterprises is still a Member in Good Standing with the NAMFS Regime. How about Heather Berghorst, the disgraced and former NAMFS Regime Secretary whom is still facing embezzlement, fraud and larceny complaints in federal court from Contractors along with willful and malicious injury charges by 5/3 Bankcorp in the same federal court. Did I forget to mention she went through her SECOND BANKRUPTCY and was court ordered to make payments to yet another Contractor she defrauded? I mean what the fuck Eric Miller? Yeah, Berghorst is still a Member in Good Standing with the NAMFS Regime.
Regardless, we do know one thing for certain: Regardless of whether you do good work or bad work, prices have dropped by an average of 46% per Line Item and if you count the new Flat Fee, we are talking numbers in the negative for valuation! That is if you can even get a NAMFS Regime Member to pay you. And while they may pay you, make no mistake that the latest in what I perceive to be the Jewish Mafia Charge Back Program, Safeguard Properties is running — SGP is going back years and stealing Labor’s money and attempting to deduct it off of other properties they owe upon — will ensure Labor always remains in the negative! Go no further than a recent review of their ability — or lack thereof — to perform upon Contracts in the Northeast!
Layering and integration of dirty money allows one to intermingle the monies and move clean money back to the owner. Take Eric Miller’s salary at the NAMFS Regime. I believe it is fair to say that the monies which NAMFS Regime Offender Members originate from the monies they make in the Industry. Thus, I believe it is fair to say that Eric Miller is paid with dirty money and that the NAMFS Regime is used to launder even more of the dirty money. Here is what I mean:
Let’s take the obvious to me bid rigging which is rampant across the Industry. So, Labor submits a bid for $100 for a window. It finally makes it up to the Prime Vendor whom realizes that they need more profit and shoots back down a reworked bid and justifies it by stating [insert here any US Government Agency or Government Sponsored Entity (GSE)] adjusted the bid. The Prime Vendor then submits the maximum allowable — pay close attention to that term — via the financial institution to [insert here US Government Agency or GSE]. Ah, yes that is pre conveyance isn’t it?! Now, [insert here US Government Agency or GSE] pays out and everyone except Labor generally makes money for doing jack shit.
If that were the end of the story, I wouldn’t be one of the most in demand consultants there is today in the Mortgage Field Services Industry. The aforementioned violates the False Claims Act (FCA) which is a law which originated back during the Civil War due to Companies almost identical to NAMFS Regime Offender Members defrauding the US Government and soldiers dying. The political quandary, though, is that when the financial institutions were used as the conduits for the fraud, their hands became dirty, as well. Yes, that means they are guilty — oops, Eric Holder would say they merely owe a fine while making his grotesque facial contortions for the Dog and Pony Shows.
So, we are talking about three streams of dirty money which must be reconfigured and then written off, yet again, to beat taxes. Make no mistake that this is taking place. The reality is that Foreclosurepedia filed a Federal 13909 Complaint against the National Association of Mortgage Field Services (NAMFS) Regime to demand their tax records and we found that in FY2013 alone, they lost OVER FIFTY THOUSAND DOLLARS! Remember, this is an alleged non profit. How much more difficult to make it for For Profit Companies!
We spoke about MCS and their twenty cent per order dock in pay which a Source released to me yesterday. Let’s do a little bit of basic math and let me give you a rough take off: There are currently 1,057,857 properties in U.S. that are in some stage of foreclosure. So, to be conservative let’s say that each property only gets ONE INSPECTION PER MONTH — the number is more like 4 to count for verification of occupancy multiple times; verification of work, etc. — 1,057,857 times 12 factoring in the twenty cents per order deduction, equals a profit of TWO MILLION FIVE HUNDRED AND THIRTY EIGHT THOUSAND EIGHT HUNDRED AND FIFTY SIX DOLLARS AND EIGHTY CENTS! Remember, the Million plus properties are simply those recorded by RealtyTrac. This does not include the millions upon millions which are in all types of black holes like Shadow Inventory, etc. Now, Ray Griffin and Terri Berry may stand by their position that Management are really nice people and Labor has it all fucked up, but I am left scratching my head trying to understand what can only be perceived as stupidity at best; or, at worst mouthpieces bought and paid for by Management.
So, just how far will NAMFS Regime Offender Members go to make a buck? Let’s talk a little bit about how the language upon Official NAMFS Member’s Documents reflect what I perceive to be as posing a clear and present danger to the safety and security of the US Population.
US Best Repair Service has a Contract with Altisource which was expanded after the demise of Buczek Enterprises. Julio Salinas, US Best Repair Service Altisource Manager, sent out a blanket email to its Contractor Network today which will be completely profiled in a later Article tomorrow. What I want to talk about here, though, is that both Altisource and US Best Repair Service seem to acknowledge that there is mold present in some of their Client’s Portfolio that they maintain. And yet in the same line, Contractors are ordered to label the Line Item as DiscolorationRemediation. Strange, to me, as the MOLD ESTIMATE is to be used for entry into the aforementioned Line Item. This leaves both myself and I presume those consumers whom are missing Addendums pertaining to either Mold, Mold Remediation or Discoloration Remediation, at a loss to understand the two sets of language,
Email sent on 30DEC14 to US Best Repairs Vendor Network
Now, US Best Repairs for reasons unknown to myself, chose to put together a Manual for Contractors whom are supposed to be INDEPENDENT CONTRACTORS AND CONTRACTORS WHOM HAVE REPRESENTED THAT THEY ARE SKILLED AND CAPABLE OF PERFORMING SERVICES WITHIN THEIR OWN CRAFT. Within US Best Repair Service, there exists what is known as a Pre Foreclosure Training Manual,
The Title Page of the US Best Repair Service Pre Foreclosure Training Manual
Within this Manual, the below Training is issued by US Best Repair Service to the entirety of its Vendor Network,
Page 34 of the US Best Repair Service Inc Pre Foreclosure Training Manual – Red Annotations Are Foreclosurepedia’s Opinions
This is not so much a condemnation of US Best Repair Service as it is of the entirety of the Mortgage Field Services Industry. The continued refusal of the National Association of Mortgage Field Services (NAMFS) Regime to acknowledge systemic problems pertaining to both Qualified Labor and more on point the the NAMFS Regime’s Offender Member’s refusal to obey the Law of the Land with respect Contract Law, further elucidates the point that the Industry is in DIRE NEED of federal oversight!
Before Joe Li, US Best Repair Service’s General Counsel or whomever it may be today, decides to debate semantics and rattle sabers, perhaps they should ask themselves precisely how in the fuck do they explain training Independent Contractors? I mean let’s keep the shit real. Either a Contractor knows their Craft; either the Application which US Best Repair Service obtains from the Contractor stating that the Contractor is proficient with the Industry is believed, or it is all a sham! It would appear, to me, that this easily meets the threshold of an employee document. Beyond this, though, the reality is that had US Best Repair Service contracted with bona fide Independent Contractors; Contractors whom truly were trained in that which they purported to do, this Document which was provided by MULTIPLE SOURCES, would not have ever found its way to a Member of the Media. As US Best Repair Service is a California Corporation, I recommend they pay due diligence to Hurst v Buczek which was heard by the Honorable Judge Chin in the US District Court for the Northern District of California.
In a time of real time communications; in a time of extreme leverage vis-a-vis the pay when paid scheme currently ongoing in the Industry, the reality is that US Best Repair Service has only one question to ask itself: Are we using language such as Maximum Allowable or Bid Adjusted By [Insert Here Anyone] when we pump our bids through the financial institution conduits for consumption by the US Government and Government Sponsored Entities (GSE).
While everyone was out getting high off the stash of cash stolen from Labor, yet another of Foreclosurepedia’s predictions came to pass. As Foreclosurepedia stated at the beginning of the year, the end of the year would show a dramatic rise in foreclosures — and look baby, we haven’t even begun the 1.8 Million HELOC Resets which are going to default. We just had the highest uptick in foreclosures for November since 2008! And if you think bottom dollar gas is a good thing? You really are part of amateur hour!
The Mortgage Field Services Industry, in light of Dodd – Frank, cannot continue to believe it will be able to function at the levels of risk it has been while the volumes have been at historic lows. Let me be a bit more blunt and clear — I have a former Mortgage Banker; a current Hedge Fund Manager; and 39 Clients whom have hired me as a Consultant with respect to Dodd – Frank.
Type A Personalities like Mark Zaverl, Chief Executive Officer (CEO) of US Best Repair Service and Michael Breese, CEO of HomeStar Property Solutions, seem to believe that they are onboard the private elevator which was used only by Dick Fuld and heading, non stop, to the 31st Floor. Just like Fuld, they are going nowhere. Not because rinky dink outfits like Northsight Management filed bullshit lawsuits which are going nowhere against HomeStar — make no mistake Northsight does not have the stomach to do what it takes to win — but rather because the Type A Personality does not allow one to contemplate anything other than their own self satisfaction.
If any Member of the National Association of Mortgage Field Services (NAMFS) believes that they have a duty to represent their Client as best as possible, then I ask each of them INCLUDING MY CLIENTS, why in the fuck do you people continue to refuse to advocate for a properly regulated Industry?! More on point and far more disturbing to me is the fact that when NAMFS Regime Offender Members do not get paid, they blame their Clients; however, THEY REF– USE TO FILE ANY LITIGATION WHATSOEVER! This was recently released by Michigan Realty Solutions to its Vendor Network and picking it up after MRS’ VP of Operations attempted to use Foreclosurepedia as substantiation of their Claim that Altisource was not paying them,
I also want to remind everyone that their patience and understanding is still greatly appreciated. We will continue to do our best to get everyone paid as soon as possible, but we can’t get through this tuff time without everyone’s cooperation. Further degradation from any of our other clients could cause a devastating effect on all of us, forcing us to utilize other legal methods to settle our balances. That could result in pennies on the dollar, and we do not want to pursue those options. Without everyone’s continued support, we will run out of other options. The most desirable results will be generated by all of us working together. If you are currently contemplating your next action against us, please reconsider for the sake of us all.
I mean I am simply at a fucking loss. The quote, forcing us to utilize other legal methods to settle our balances, seems to be self evident that no one AND I MEAN NO ONE has the spine to do the right thing! I mean if you are fucking owed money why in the fuck not sue for it?! If, in fact, Zembrzycki is honest in his contention that Altisource has not paid Michigan Realty Solutions, why not sue Altisource? I mean we have heard this same bullshit with respect to Berghorst Enterprises and Buczek Enterprises, right?! Truth be known, I offered to impartially examine Jay Goscinski’s books and make a recommendation to Labor; to stand good and ensure that Labor would be paid. Jay’s response? Deafening silence! Management wants Labor, time and again, to understand that they are having problems — Boyd Property Preservation, Berghorst Enterprises, Buczek Enterprises, Mid Ohio Field Services, Verde Building Solutions, Michigan Realty Solutions, ad nauseum. Yet, when Management has the ability to do the right thing and have the Courts sort it out by suing their fellow NAMFS Regime Offender Members, all of them refused.
Time and again, Labor has attempted to sit down with Management and time and again Management has flipped Labor the bird and collected monies on the way out the door.
In closing, the Industry should begin to prepare for catastrophic failure. Management’s continued addiction to a pay when paid scheme can only be shored up for so long with their illegal charge back schemes. Labor has grown weary of the stories about waiting to be paid; Adam Buczek and Heather Berghorst both may be thanked for that. So, while Jay Goscinski may or may not be willing to pay Labor that which he owes them, the reality is that many within Labor are already preparing to ensure that their Claims are preserved within the judicial system — whom pays them appears to be irrelevant at this juncture. Ultimately, as Foreclosurepedia continues its Inquiry into the Seedy Underbelly of the Mortgage Field Services Industry, the American Public will begin to easily identify the Conflicts of Interest between the Conference Networks which Members of the NAMFS Regime attend and the correlation of the Nation and Industry wide changes which occur seemingly overnight. More on point, though, the extreme conflict of interest wherein members and former members of the financial sector whom are now calling the shots in the Industry are going to face far more scrutiny with respect to their specific investment portfolios.
If you are a Member of Labor and have a Claim against anyone I have written about today or at any time, please reach out today, before it is too late!
Before You Go ...
Foreclosurepedia exists because readers, workers, and advocates understand that protecting Labor in the mortgage field services industry requires independence, persistence, and resources. We do not answer to servicers, hedge funds, or corporate trade groups; our accountability is to the Field Service Technicians, Inspectors and administrative personnel whose livelihoods are too often treated as expendable. Donations are what allow us to investigate quietly buried contract changes, expose abusive labor practices, and publish work that would otherwise never see the light of day. Every contribution helps keep our reporting free from industry pressure and focused squarely on defending labor standards, fair pay, and basic dignity in the foreclosure ecosystem. If you believe this work matters, your support is not symbolic—it is the reason Foreclosurepedia can continue to stand between Labor and a system that routinely exploits it.
