Citizen AdvocacyForeclosure AppealsForeclosure Defense Florida

Mortgage Loan Audits Are A Scam- And The Osceola County Clerk of Court Got Ripped Off

By December 10, 2015No Comments

It is terribly disturbing to see just how many consumers get ripped off from scam artists convincing them that any variety of mortgage loan audit or securitization audit will provide benefits that can save their home from foreclosure…

In large part, all of these things are scams….

The scams are so prevalent that in Florida we’ve got a law specifically on point that prohibits virtually all such activities, called, the Florida Foreclosure Rescue Fraud Act and found at Florida Statutes, 501.1377, here is what it prohibits

(3) PROHIBITED ACTS.In the course of offering or providing foreclosure-related rescue services, a foreclosure-rescue consultant may not:

(a) Engage in or initiate foreclosure-related rescue services without first executing a written agreement with the homeowner for foreclosure-related rescue services; or
(b) Solicit, charge, receive, or attempt to collect or secure payment, directly or indirectly, for foreclosure-related rescue services before completing or performing all services contained in the agreement for foreclosure-related rescue services.
Now when you read what the act prohibits, you see that virtually any money paid to one of these operations by a consumer would violate the act…and would subject the perpetrator to the following penalty
(7) VIOLATIONS.A person who violates any provision of this section commits an unfair and deceptive trade practice as defined in part II of this chapter. Violators are subject to the penalties and remedies provided in part II of this chapter, including a monetary penalty not to exceed $15,000 per violation.
In a similar vein, an elected public official commissioned such nonsense…and paid $34,500 in taxpayer dollars for the nonsense…See the report from the Orlando Sentinel:ac

Osceola Clerk of Court Armando Ramirez paid a felon $34,500 last year to find out if banks and other lenders were guilty of mortgage fraud.

Months later, Ramirez claimed his investigation found 156 suspected cases of lenders defrauding homeowners and 26 more targeting elected officials. Orange-Osceola State Attorney Jeff Ashton turned over the findings to the sheriff’s office to investigate.

On Tuesday, Sheriff Bob Hansell announced his agency’s 10-month investigation didn’t find a single crime.

The sheriff’s report stated that Ramirez refused to assist the investigation and that the auditor he hired, David Krieger of DK Consultants in San Antonio, would not say who conducted the review.

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