Welcome to the Mortgage Horror Blog.  The Mortgage Segment of the industry is the home of 99% of all of the problems in the field services industry. The field services industry offers some great opportunities in the commercial and insurance segments. The purpose of this blog is to identify the problems in the Mortgage Segment and to separate the problem-plagued Mortgage Segment from the better segments of the industry

Field Inspector Owes Bank of America $12,774,102.00


Dean Counce plead guilty to wire fraud after doctoring a few inspection reports that were submitted to Bank of America Field Services.

According to court documents, Dean lost two homes in Brooksville, Florida, a silver watch, a gold watch and a gold bracelet. The court also ordered restitution to Bank of America in the amount of $12,774,102.00.

He is 42 years old. He will be 50 after eight years in a federal prison in Virginia. The court has ordered Dean to pay $200 a month in restitution upon release from prison. It will take 5,322 years for Dean to pay the $12,774,102.00 restitution to Bank Of America.

Counce’s company was required to visit a property, complete a report, take photographs and send the information to the lender. Initially, Counce performed inspections himself. As his company grew, employees were hired to carry out the inspections. As the number of foreclosures skyrocketed, the employees were not able to keep up with the volume of inspection requests. Counce’s staff began fabricating reports.

According to investigators, Counce directed inspectors to visit the property and take more photographs than necessary. The photos were then used for subsequent reports. In other cases, Counce allegedly told workers to use information from public websites to fabricate reports for properties that were never inspected.

Employees estimated about 30 percent of the reports completed in 2007 and 2008 were fabricated. That percentage increased to 50 to 60 percent in 2009 when Counce won a new contract with Bank of America. Bank of America paid the company about $23.5 million over the course of five years.


Is Anyone Home At HUD?

On August 22, 2017, Alec MacGillis at Propublica reported that a “long-harbored conservative dream — the “dismantling of the administrative state” — is taking place under Secretary Ben Carson.”

Alec reports that “Virtually all the top political jobs below Carson remained vacant. Carson himself was barely to be seen — he never made the walk-through of the building customary of past new secretaries. “It was just nothing,” said one career employee. “I’ve never been so bored in my life. No agenda, nothing to move forward or push back against. Just nothing.”

Secretary Carson has known for five months now that all of the HUD master key codes have been compromised. The master key codes are listed on E-Bay and on the websites of many of the mortgage segment lock suppliers. Everyone has easy access to HUD foreclosure properties. That seems to be okay with HUD. I have seen no movement toward electronic locks of lockboxes which would fix this huge security problem. They are moving toward changing some key codes. These will be compromised after a short time. HUD has no control over who has access to HUD properties.

Here is the perfect set for any property preservation contractor. Never have trouble accessing all the Hud and most commonly used locks. All keys are stamped. 11 Key set. Set includes: A389 13226 23255 23323 25345 35241 35453 44535 52534 64445 67767 76667.



HUD Property Preservation Contractor Keys – MFS Supply

Description. Need keys for HUD and Property Preservation? No problem, just choose your key code. Key codes are made when the lock is purchased.

Property Preservation Contractor & HUD Keys for REO Properties

Key codes are made when the lock is purchased. The following codes are on backorder for two weeks: A802, 14334, 21121, Property Preservation Contractor & HUD Keys.

Key – Single, HUD and Full Sets – Carrdan

Rating: 5 – ‎4 reviews

A: The full spare set includes one of each of the 16 keys we have in stock. The HUD key set includes the 6 most ordered keys, A389, 35241, 44535, 52534, 67767, and 76667.



Looking to just stock up on some spare keys? Here is the perfect set for any property preservation contractor. Never have trouble accessing all the Hud and most …

HUD Key Codes: What They Are And Why They Are Changing …

Jul 1, 2017 – For years, the US Department of Housing and Urban Development (HUD) has utilized the same key codes for their properties. And while these …

ORCF: Keys States – HUD.gov

portal.hud.gov › … › Healthcare Programs › Residential Care Facilities

Each state must certify that it is in compliance with Section 1616(e) of the Social Security Act also known as the Keys Amendment. HUD has received notification  …

HUD 101 – Frequently Asked Questions | NewsDetail

May 7, 2013 – Where can I get HUD keys? Many of you ask where you can get a set of HUD keys and the answer is you can’t. It has been decided against …

HUD key – Realtors Marketing Tips, Talk, Webmasters Forum

http://www.agentsonline.net › Forums › Real Estate › BPO, REO, Foreclosures

Jul 29, 2008 – 10 posts

Sorry if this isn’t the right catagory for this but I figured you people would know. Can I get my own HUD key to access these houses and how?

HUD Key Codes. | Property Preservation By The Book


Nov 22, 2014 – Property Preservation Key Codes. HUD properties, VA Properties, Fannie Mae and Freddie Mac properties are secured with locks, deadbolts …

HUD KEY CODES – Google Groups

HUD Key Codes: 44535, 35241, 76667, 67767, 47336, 52534, A389 for padlocks , 2221 spring locks. Our Listings will be on Supra Lockbox with a correct Key ..


I Like Ben Carson … I Think Some Of His Staff Is Trying To Push Him Out The Door At HUD

Draining the swamp at HUD will not be easy. It may never happen. Secretary Carson is not getting good advice from the staff at HUD. It appears that the staff … or at least some of the staff … are trying to push Ben Carson out of the door. They want him to fail. If he fails, Trump will replace him with a kick-ass 3- or 4-star Flag or General Officer.

Everyone knows that HUD bleaches and paints over dangerous black mold. There is no real HUD mold mitigation and approved air testing to verify mitigation. It’s always been a joke. Everyone knows that. Harvey and Irma will create some significant new problems with mold. The HUD foreclosures are sold “AS IS” … mold included. Why do HUD M&M contractors illegally electrically back-feed and test all of the appliances when the properties are sold “AS IS”.

Secretary Carson needs someone like Paul Williams at Foreclosurepedia to help him fight the alligators in HUD. Secretary Carson needs to surround himself with staff and friends that he can trust and who will give him honest answers and protect him. He needs to look outside of HUD for unidentified HUD problems and solutions to these problems. Secretary Carson needs to add Paul Williams to this “Friends List”. You want friends who will give you straight talk … tell it like it is. Paul Williams is right about 99% of the time as he does his research before he speaks. Ben and Paul should work together as they are both focused on helping those people at the bottom of the ladder. I hope Secretary Carson is not like that smoker who you tell that it is dangerous to your health to smoke and they keep smoking. You offer advice, but they ignore your advice.

I would like to see Secretary Carson succeed at HUD.