UNITED STATES DISTRICT COURT

SOUTHERN DISTRICT OF FLORIDA

Case No.

FILED BY D.C.

2E2 22 2022

ANGELAE.NOBLE

CLERK0.S.DISIG7:

s.D.OFFLA.-FTLLAUD.

W HOLESALE DIRECT M ORTGAGES,INC.,Plaintiff

VS.

US Housing& UrbanDevDepadmentFHA ReverseModgageDivisionand NOVAD

MANAGEMENTCONSULTING.Defendant/s),

COMPLAINT

W holesaleDirectMortgages,Inc,plaintiff,intheabovestyledcause,suedefendantts):US

Housing& UrbanDev DepadmentReverseMortgageDivisionand NOVAD MANAGEM ENT

CONSULTING.

Thisactionisfiledunder(indicateunderwhichfederalIaw orsectionoftheU.S.Constitution

thisactionisbeingfiled):FRAUDAPPRAISALwhichcausedanoverinflatedvaluetofunda

$600,000.00modgagebyUSHousing&UrbanDevDepadmentReverseModgageDivision

aka FHA Reverse Mortgage Division.

ThisCase isRespectfulySubmitted on 12/2/2022,byW holesaleDirectModgages,Inc.401

LasOlasBlvd,Department1400,FortLauderdale,FL33301.954-464-7714.

I

Case 0:22-cv-62255-JIC Document 1 Entered on FLSD Docket 12/02/2022 Page 1 of 5
C laim 1

OnJanuary26th2010 inthe middle oftheworstRecession inAmerica'shistorycaused

com pletelybyAPPRAISALAND MORTGAGE FRAUD,thisoverinflatedAPPRAISALFRAUD

causedthisMORTGAGE tobefunded.

TheaboveLoannumber94181FHA case#093-6756223-951for$600,000.00basedona

FRAUD APPRAISALwhichhadZERO VALID COM PARAIBLES.

AItheSOLD COMPARABLESIistedontheAppraisaldidnotcomplywiththeFlorida

Administrative Code61J1-10.004.

Urban FinancialGroup of9175 SouthYaleAvenue,Suite 300,Tulsa,OK 74137 paidwith

CASH a FloridaAppraisalserviceto use FAUDULANT COMPARIBLES to boostthevalueto

ONE M ILLION DOLLARS,Reverse Mortgagesallow a borrowerwhoagewas66 aMAX of60%

LoanToValuewhichmeansthe FRAUD Sold Com parable PropedieswereaIsold atorabove

One MillionDollarswiththisthistinySquare Footage,thisFRAUD CAUSED theRecession.

ThirtyteenyearsIaterandthispropertyhasdoubled invalue sincethisFRAUD APPRAISAL

andthispropertywilnotappraiseforeven halfofthatFRAUD APPRAISALthatallowed FHA to

FundthisFraud Modgage.

TobeveryclearUrban FinancialGroupof9175SouthYaleAvenue,Suite 300,Tulsa,OK

74137,received aModgage BrokerCommissiontotalof5pointstoPassthisFraudAppraisal

throughFHA.

UrbanFinancialGroupreceived5pointswhichequal$30,000.00topushthisFRAUD

MORTGAGE throughFHA.

The Dodd-FrankActpastedJuly21,2010,clearlystatesaIIFRAUD APPRAISALS area

FELONY.

UrbanFinancialGroupclosedtheirbusinessratherthanbechargedwithFELONY'Sfqrthis

FRAUD MORTGAGEthathadFHA fundthisIoanamountof$600,000.00.

Case 0:22-cv-62255-JIC Document 1 Entered on FLSD Docket 12/02/2022 Page 2 of 5
C laim 2

FHA andtheirModgageServicingpadnerhasfailedtocomplywithFloridaModgageServicing

Iawsand Dodd-FrankAct.

ThisModgageLoan number94181FHA case# 093-6756223-951defaulted6yearsagoaqer

the borrowersmoved outof3430 Lakeview Dr,Sebring,FL33870 afterheavywaterdam age&

Floodingfrom the HurricaneIrma,a Category4 storm the morningofSept.10,2017.

TheFailure ofFHA andtheirModgageServicing padnertofolow the ModgageServicingofthe

Florida lawsand Dodd-FrankActhascausedthisoncenice hometositvacanthasalowed

homelessvagrantstomoveintothishomeclaimingtobethe daughterorgranddaughterofthe

curentsurvivingownerElizabethGanntwho livesinanotherstatethanFlorida.

Thecurentownernevermetorspoketo anyofthesehom elessvagrants,who aIIclaim to be

fam ilymem bers.

OnNovem ber29th2022 anoutofstatewomanstood inthe drivewayandtold4 SebringPolice

OfficesthathermotherorgrandmotherNlizabethGanntwasDeedingherthishouseandthatis

whyshe moved intothishouse.

W hyaftera6-yearsincethisReverseMORTGAGE DEFAULTED hasFHA notevenfiledfor

Modgage DefaultorForeclosure,becausethatwilEXPOSE THE FRAUD APPRAISALand

headswilrollatFHA.

Florida ModgageServicingIawsandDodd-FrankActareveryclear,thefailuretocomply

providestifffines.

FHA fundedthisMortgagefaraboveeventodaysvalue(morethanthreetimes)andmustclear

thisModgage offtheirbooksforthe sakeofnearby homeowners,thecityofSebringand alI

Tax Payersnationwide.

The PropertyManagementCom panyhasalowedthishomelesswom antom ove intothe

propedyand claim tobethe daughterorgranddaughterofElizabeth Ganntmanycallswere

madeto repodthisCRIM Eto863-458-2144 or866-952-6514withZERO response.

Case 0:22-cv-62255-JIC Document 1 Entered on FLSD Docket 12/02/2022 Page 3 of 5
M otion forO rderA pproving Settlem entA greem ent

W holesaleDirectM ortgages,Inc.asa Financialyinterested partyandIien hold onthisproperty,

theverbalproposalmade by US Housing& UrbanDevDepadment,FHA ReverseModgage

DivisiontoW holesaleDirectMortgages,Inc.astoalow ajointlyacceptableLicensedFlorida

Appraisertoappraisethispropedyintoday'sconditionakaAS IS CONDITION,knownas3430

Lakeview Dr,Sebring,FL33870.FHA willsell/assignthe ModgageortransferClearTitleto

W holesaleDirectM odgages,lnc.thispropedyfortoday'svalid appraisedvalue.

To alsoallow the PropertyManagementcompany& theSebring Policetoremovetheilegal

homelessvagrantsquattersfrom the propertychangeaItheIocksandre-postthe NO

TRESSPASSING SIGNS toaIIwindows.

IfFHA doesnotComplywiththeirownoffertosettlewithin30daysthan ProvidetheAppraisal

thatalowedthisover-valuedfundingtobereviewed by FederalJudge,Jury& Florida Real

EstateAppraisalBoardalongwiththe FloridaStateAttorney.

Asmostareawareawel-knownM ortgageServicerOcwen FinancialCorporationisa

residentialmodgageIoanservicerand receivesaONE M ILLION DO LLAR finefrom theStateof

Floridaformissservicingeachresidentialmodgage.

IfFHA andtheirModgageserviceronthisMortgagefailtocomplywiththeirownSettlement

offer,wewilassureyoureceivethesamefinesasOcwen FinancialCorporation.

Case 0:22-cv-62255-JIC Document 1 Entered on FLSD Docket 12/02/2022 Page 4 of 5
CedificateofService

Iherebycedifythatatrueandcorred copyoftheforegoingwasservedby(specify

methodofservicelon12/2/2022onaIlcounselorpadiesofrecordontheServiceListbelow.

l

.e' a&? rzwz-

#

SignatureofFiler

SERVICE LIST

Defendant/s

US Housing& UrbanDevDepadment

FHA ReverseModgage Division

909 BrickelPlaza#500,

Miami,FL33131

(305)536-4456

NOVAD MANAG EM ENT CONSULTING

1201HaysStreet,

Tallahassee,FL32301

Tel:301.429.5961

Fax:301.429.5962

Case 0:22-cv-62255-JIC Document 1 Entered on FLSD Docket 12/02/2022 Page 5 of 5