Home Thieves

From nj.com:

Realty company to pay $2.8 million settlement over predatory homeowner agreements

A Florida-based company agreed to pay $2.8 million to settle allegations it preyed on more than 1,200 struggling New Jersey homeowners, forcing them into “unconscionable” financial agreements, officials with the state Attorney General’s Office said. 

The Attorney General’s Office filed a civil lawsuit in 2023 accusing the company of violating the state’s Consumer Fraud Protection Act by making unsolicited telemarketing calls to New Jersey homeowners with financial struggles during the Covid-19 pandemic without being registered as telemarketers and binding homeowners into predatory lending terms, officials said.

The company, MV Realty, offered the residents quick access to cash through so-called Homeowner Benefit Agreements between $500 and $5,000, officials said. 

MV Realty offered the money upfront under an agreement to serve as their future real estate agency, officials said. 

Homeowners were told by the company that the money was not a loan, and that there was “no obligation” to pay the money back to the company, officials said. 

The company failed to disclose that the program operated as a high-interest mortgage loan with a 40-year contract term, that a lien was placed on their home, and that the agreement was binding on the homeowner’s heirs, officials said. 

The company also failed to disclose early termination fees if the property was listed with another real estate agent, the title was transferred to a family member, heirs tried to sell the home or the homeowners tried to cancel the deal, officials said. 

Authorities said 140 people paid early termination fees between $575 and $42,000 to get out of the deals.

This entry was posted in Mortgages, New Jersey Real Estate, Risky Lending, Unrest. Bookmark the permalink.

27 Responses to Home Thieves

  1. Fast Eddie says:

    The company failed to disclose that the program operated as a high-interest mortgage loan with a 40-year contract term, that a lien was placed on their home, and that the agreement was binding on the homeowner’s heirs, officials said.

    Oh, by the way..

  2. Hughesrep says:

    Led by a former reality TV personality out of Florida. Shocking.

  3. Dark Phoenix says:

    2.8 million.

    Chump change.

    Another fake deterrent. More like, good job!

    Ol’ slap on the wrist.

    Like giving a guy who raped your daughter 6 months in jail.

    State takes some of the money, get dressed up for a photo-op, declares themselves “heroes” and that the “justice” system works beautifully.

    Lawyers suck down 99 percent of the money. Yummy!

    People who got ripped off, or lost a home, well, go fucc yourselves. Here is a coupon for 10 percent off on your next loan application fee.

  4. Dark Phoenix says:

    United we Stand, Divided we fall.

    Our handlers, using social media, have sucessfully divided us, and our “leaders.”

    Or have they bought out our leaders, who, by the way, are flush with cash. Both sides, insider trading, still collecting money, getting facelifts or reboots of their dying old brains.

    Civil war in America has already started, these things start small. Tear gas canisters, humvees, guys with masks grabbing people, some who are totally innocent. Beating up women, grabbing young girls. It’s here!

    plotting exactly how long they can manage without a salary.

    The answer is not much longer for Cynthia Brown, a Government Publishing Office staffer who has been working without pay. The 53-year-old said she is barely eating, subsisting on coffee and protein shakes.

    She has already sold everything she could find in her house, including two old iPhones, and started a GoFundMe to help cover her expenses. She had hoped to drive for DoorDash to supplement her income, but her car was repossessed after she missed a loan deadline because of the shutdown.

    Brown spends her days ensuring that the government keeps a record of congressional proceedings, so she has closely followed the debate around reopening. And that has only made her situation — and the nation’s — feel more dire, she said: “It is going nowhere. That is what scares me. They are not making any progress.”

    Starting to cry, Brown added, “They hate each other so much, and we — we are just caught in the middle.”

    Sure you are Ms Brown. Cause none of them care about you, their handlers have them firm in their grasp. Your voting didn’t help. Hopefully for you the food bank will come to your rescue, cause should you get hungry and steal from a Target, you will be slammed face down in the parking lot by the men you used to admire with their spiffy uniforms. How dare you steal, too bad you are hungry, pull yourself up by your boostraps and wrestle a deer to it’s death.

  5. Dark Phoenix says:

    Xuckerturd,
    You wanna donate to this hardworking family? Anybody got some Chcx Mix they can spare?
    Hey Taylor Swift, what about you and your Flying Monkeys? Gonna help?

    Hey Capitol One, you gonna bang her with some hefty late fees your parasites? How long before the heroes in blue bang down the door and yank them out for non payment of rent, after your photo op for saving a kitty from a tree?

    How much of the money this family paid into the government went to other countries well being and benefits, or for bombs, weapons, or military bases? I think they could use some of it back for food right now instead of giving it to foreign welfare reciepients.

    One Social Security staffer in the Northeast noted that her family of five — three children and a spouse — is almost wholly reliant on her roughly $100,000 income. The staffer, like others interviewed for this article, spoke on the condition of anonymity for fear of retribution.

    Her husband has a job, but it pays far less than her government position, she said: Her salary is what enabled the family to afford an apartment. As she keeps working without pay, she has begun using credit cards to pay her bills.

    She is buying only the cheapest groceries: no meat, mostly frozen dinners and frozen pizza. Her family recently sat down for a dismal discussion, at which she informed the children that they wouldn’t be doing much of anything for Thanksgiving and that Christmas would bring exactly one gift per person.

  6. Dark Phoenix says:

    The nation’s largest employers are putting their workers on notice
    Amazon is cutting jobs in an efficiency drive and Walmart says its headcount will stay flat as artificial intelligence disrupts some roles.

    Wall Street UP, Main Street DOWN.

  7. njtownhomer says:

    These are good times, wait for more poor and hungry flock to food banks, and desperate ones lose money to crypto scams and gambling circles. All lived in the 3rd world before coming to a MAGA town near you.

    While https://x.com/patriottakes/status/1984673380285464678

  8. ex says:

    Dodgers!!! Win

  9. Dark Phoenix says:

    Bring it all to a stop, boys.
    Maybe finally Americans will wake up and understand just how defective and infected it’s government is.
    Aviation brothers unite!

    A ground stop was issued at Newark Airport on Sunday morning over staffing issues as the government shutdown continues to cripple the nation.

    The New Jersey airport, which sees nearly 1,200 of flights coming in and out every day, issued the advisory in the early hours of Sunday morning.

  10. Juice Box says:

    Won’t be long long.

    ATC staffing issues at some airports now.

    STAFFING TRIGGER(S):
    UNTIL 1700 -PHL TRACON AREA C
    UNTIL 1800 -EWR TOWER
    UNTIL 1830 -BNA TOWER

    TERMINAL CONSTRAINTS:
    SEA/SCT – LOW CEILINGS
    SFO – LOW CEILINGS/VIS
    MSP – WIND

    TERMINAL ACTIVE:
    UNTIL 2159 -BNA GROUND DELAY PROGRAM
    UNTIL 0459 -EWR GROUND DELAY PROGRAM

    TERMINAL PLANNED:
    AFTER 1600 -SAN GROUND STOP/DELAY PROGRAM POSSIBLE
    AFTER 1600 -SFO GROUND STOP/DELAY PROGRAM POSSIBLE
    AFTER 1900 -BOS GROUND STOP/DELAY PROGRAM POSSIBLE

  11. SmallGovConservative says:

    Juice Box says:
    November 2, 2025 at 9:59 am
    “ATC staffing issues at some airports now.”

    Glad we chose to drive to FL next month.

    No idea when the shutdown will end, obviously, but it’s also obvious that Cryin Chuck is fighting for his political life. So I have to believe he’ll do whatever he feels is most beneficial to him politically — and if that means shutting gov indefinitely, I think he’ll do it.

  12. Ex says:

    10:20 shadddup you aged piece of shit.

  13. Fast Eddie says:

    $1.5 trillion heist – the anti-American party is hemorrhaging money. They have many fewer avenues of theft than previous robberies. Did you see the BLM fund fiasco? 90 million in money raised in 2020, currently have 28 million in assets. Where’s the rest?

    So, the $1.5 trillion is desperately needed to keep the counter-American dream alive. Do NOT scrap the filibuster. For the liberals, remember; pale, little girls, hungry and weak are leverage. Did anyone ask, “leverage for what?”

  14. Dark Phoenix says:

    Let me get this straight, a paper uses, as some sort of “certified” information, a poll that is “supposedly” the most accurate in the nation- by a guy who is a poker player and makes election forecasts “sometimes?”

    Bring back Walter Cronkite, Dan Rather, and Morley Safer.

    Nate Silver
    @natesilver
    https://www.natesilver.net/ Really just a poker player at heart, but I sometimes make election forecasts and write about things.

    Sherrill Holds Razor-Thin Lead Against Ciattarelli, Nation’s Most Accurate Pollster Finds

    AtlasIntel used its Random Digital Recruitment methodology for the survey, which has a 95 percent confidence level and a margin of error of ±2 percentage points, according to the poll. The firm was rated the most accurate pollster in the U.S. with an A+ grade in Silver Bulletin’s 2025 rankings.

  15. Dark Phoenix says:

    Time to get some of those eggs out of that basket.

    Australia’s moment? De-dollarisation gains momentum
    The global credit market is being quietly but fundamentally re-priced, and there are signs the US dollar is beginning to fray.

  16. Dark Kangaroo says:

    Tie me kangaroo down, sport
    Tie me kangaroo down
    Tie me kangaroo down, sport
    Tie me kangaroo down

    As global investors look to diversify from the US dollar, the Australian dollar is emerging as a particularly attractive option
    The A$ market offers compelling yields compared to other major currencies
    Evolving market infrastructure and growing investor participation have improved A$ liquidity.

    Australian dollar-denominated bonds from international issuers, or so-called kangaroo bonds, are seeing strong traction lately, with our DCM and A$ syndicate teams having an active year advising notable issuances from across Canada, Europe, the Middle East and Korea, with many of these transactions netting record order books.

    While demand for kangaroo bonds traditionally came from investors in Australia and Asia Pacific, the market is increasingly attracting global attention as the world looks for US dollar diversification.

  17. Libturd says:

    The longer this shutdown goes, the worse this administration looks for not negotiating. You can see the pain in the righties posts here.

    It’s really that simple. As usual, Trump takes things way too far.

  18. Hughesrep says:

    I think if Ciattarelli had a shot Vance or Trump would have been in the state. They’ve got internal polls saying he doesn’t, so they didn’t want to show up to support a loser. That’s the ultimate sin in Trumpworld.

  19. Fast Eddie says:

    The longer this shutdown goes, the worse this administration looks for not negotiating.

    Negotiating the leverage of the poor and hungry?

  20. Fabius Maximus says:

    “No idea when the shutdown will end, ”

    So Small you are not going with the St Ronnie approach and sack the lot of them . We don’t need them, you can drive.

  21. Fabius Maximus says:

    Long day today, was up at 4:30AM to be on course at the marathon all day.
    My legs are hurting, but its worth it to see the best of NYC come through.

  22. Fabius Maximus says:

    Negotiating the leverage of the poor and hungry?

    GOP could stop it but they wont. They own all branches of Government, but the house is out as they Johnston doesn’t want them voting to release the Epstein files,

  23. Fabius Maximus says:

    So here were we are. The Dems told the GOP. Sort out the OCare renewals. GOP refused. GOP said trust us, we will not increase the premiums. Dems hold out.
    People are seeing the 3X premium increase the GOP were hiding.
    https://www.yahoo.com/news/articles/open-enrollment-begins-obamacare-huge-180552825.html

    So yes GOP, you own this!

  24. Dark Phoenix says:

    Good luck paying your mortgage, taxes, car payments, and nail salon bills.
    Don’t forget COBRA. Ouch.
    It’s okay, you are the Marlboro Man. With Bootstraps. Hope you have been going to the gym so you can pull them up.
    Remember, this is America, and you are a LOSER if you LOSE your job. Repubs don’t like handouts, and they don’t like you. If you collect unemployment, even for a month, they are disgusted by you.
    Hope you find a job soon, there are no safety nets in America, and don’t even think of stealing a can of tuna fish from ShopRite. The PoPo you supported with your tax dollars and donations will lock you up right quick. And should you dare step on a Repubs property for an apple on their tree, expect to get shot for it.

    Novo Nordisk has quietly laid off more than 800 employees based out of its U.S. headquarters in New Jersey

    Major job cuts hit Novo Nordisk in Plainsboro, New Jersey

  25. Ex says:

    They’re Dutch, I believe. Built a gorgeous place in West Orange.
    Definitely dicey out there. Even for snaap recipients.

  26. njtownhomer says:

    GOP members are not even in DC area. Johnson still says he didn’t know, he didn’t hear and he didn’t discuss this in detail, but lets wait till Thanksgiving to fuck up the regular not just poor and hungry.

    True colors

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