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Father & Son Charged with Pushing “Qualified Written Requests” and “Mortgage Audit” Scams

James Timothy Malis, 66 and son Nicholas Malis, 37, were indicted by a grand jury on several felonies in connection with their operation of a mortgage fraud scam. A 13 count indictment for each defendant was returned by a grand jury charging the defendants.

Operating under the name Home Defense Foundation (HDF) and Legacy Group International (LG International), Nicholas and James Malis allegedly pushed “qualified written requests” (under RESPA laws) and “real estate mortgage investment conduit investigations” (such a “loan audits” and “securitization audits”) promising clients these services would uncover various violations, including the Real Estate Settlement Procedures Act (RESPA), the Truth in Lending Act, the Fair Credit Reporting Act and/or the Fair Debts Collections Practices Act.

The pair allegedly claimed that upon uncovering these violations clients would be entitled to a legal remedy resulting in either a reduction of their loan to the current market value and to the current market interest rate or an award of damages. Both allegedly claimed that HDF and LG were affiliated with a network of attorneys” that would represent clients in either an individual lawsuit or in a multi joinder plaintiff lawsuit against clients’ lenders.

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EXCEPTIONAL SERVICE – UNPRECEDENTED PROTECTION

LAWYERS REALTY GROUP is an attorney owned and operated real estate brokerage that was formed to help level the playing field between struggling homeowners and the banks who are threatening them with foreclosure, eviction, deficiency judgments, and collection actions.

Unlike traditional real estate agents, loan mod companies, bankruptcy attorneys, litigators and others who aggressively market their particular one-size-fits-all solution regardless of a homeowner’s future liability and financial well-being, Lawyers Realty Group provides clients with a customized analysis of their options, free legal counseling and clear direction on how to best resolve their particular mortgage issues – all without charging fees to the homeowner.

 

Derik N. Lewis, Esq., is the founder and president of Lawyers Realty Group. Derik is a California real estate attorney, a licensed Realtor® and a member of the National Association of Consumer Bankruptcy Attorneys. He graduated magna cum laude from Boston University School of Law and has nearly 30 years of real estate experience. For more than two decades as an attorney in private practice, Derik has represented California homeowners with difficult real estate matters. Derik previously served as legal counsel for some of the world’s largest lenders including Bank of America, Wells Fargo and JPMorgan Chase (he knows how they operate and how to work within their systems to help you achieve the best possible outcome). He is also a visiting lecturer at the University of Southern California School of Law speaking on real estate law, brokerage and litigation.

Professional Associations

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  • California Bar Association
  • Orange County Bar Association
  • National Association of Consumer Bankruptcy Attorneys
  • National Association of Realtors
  • California Association of Realtors
  • Orange County Association of Realtors
  • California Regional Multiple Listing Service

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Free legal review and fraud analysis of all solicitations from the bank, real estate agents, lawyers or others.

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