“New York Lawmakers Say State Must Stop Enabling Predatory Loans”
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  1. #1
    Senior Member Reputation points: 54989
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    The Eviction Machine Churning
    Through New York City

    Housing court, a system created to protect tenants, has become a powerful tool for landlords.

    About 232,000 cases were filed last year against tenants, roughly one for every 10 city rentals. Most tenants were accused of owing back rent. But in many cases, tenants were sued for rent they did not owe. Sometimes they had paid, only to have landlords claim that the checks mistakenly remained uncashed or had been lost in the mail; sometimes they were sued for money owed by a government program. Sometimes, tenants withheld rent only because much-needed repairs had never been done.

    People want a story of UNJUST here is one: 232,000 cases!!!!!!!!!!!!!

    https://www.nytimes.com/interactive/...e-housing.html
    Last edited by mcaguru; 12-13-2018 at 01:16 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  2. #2
    Veteran Reputation points: 159073 J.Celifarco's Avatar
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    Quote Originally Posted by mcaguru View Post
    About 232,000 cases were filed last year against tenants, roughly one for every 10 city rentals. Most tenants were accused of owing back rent. But in many cases, tenants were sued for rent they did not owe. Sometimes they had paid, only to have landlords claim that the checks mistakenly remained uncashed or had been lost in the mail; sometimes they were sued for money owed by a government program. Sometimes, tenants withheld rent only because much-needed repairs had never been done.

    People want a story of UNJUST here is one: 232,000 cases!!!!!!!!!!!!!

    https://www.nytimes.com/interactive/...e-housing.html
    what does one thing have to do with the other???
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  3. #3
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    One can read the NYT story and be like lets put a halt to the court system and end the landlords abilitys to use the Marshall
    Last edited by mcaguru; 12-13-2018 at 01:19 PM.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  4. #4
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    Quote Originally Posted by mcaguru View Post
    Nothing at all.
    Then stop filibustering every time the truth comes out on how you screw brokers and outright lie.

  5. #5
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    We hide nothing. Mantis is our direct funder/ ISO's have the ability to request a mantis offer ONLY.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  6. #6
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    Quote Originally Posted by mcaguru View Post
    We hide nothing. Mantis is our direct funder/ ISO's have the ability to request a mantis offer ONLY.
    Mantis-only should be the default unless the ISO asks for you to broker the file. Not the other way around.

  7. #7
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    Quote Originally Posted by WestCoastFunding View Post
    Mantis-only should be the default unless the ISO asks for you to broker the file. Not the other way around.
    Yep. we have a very diffrent model and cant get into it but i can tell you the people who send us deals may not focus on MCA and come to us for anything outside the box they deal with.
    Marcus Clapman | Business Development | Cresthill Capital
    (High Commissions Payout Group)
    ——————————————————————————
    Tel: 917-521-6528 | Fax: 212.671.1473
    Email: bizdev@cresthillcapital.com
    http://www.cresthillcapital.com

  8. #8
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    Quote Originally Posted by mcaguru View Post
    Yep. we have a very diffrent model and cant get into it but i can tell you the people who send us deals may not focus on MCA and come to us for anything outside the box they deal with.
    you cant get into it because you haven't come up with a proper bs answer

    you've been exposed

  9. #9
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    Quote Originally Posted by BROKER TIME View Post
    you cant get into it because you haven't come up with a proper bs answer

    you've been exposed
    In Fairness, other funder's shop out deals to. Most will all say "our self sourced deals" but who can police that. the big ? is, are the deals going to other funder's that brokers have authorized, or, backdoored. Heard of API? You know how easy it is to transfer data of leads to another funder through crms and api? forget the photo texting and other amateur ways. technology has enabled simple transfer of data
    Last edited by fundingsmbs; 12-13-2018 at 03:42 PM.

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