“I had nothing. The Plaintiffs are: (a) Mike Mullen, a sophisticated Dallas businessman, with significant personal wealth and access to capital markets (“Mr. “How long they can financially do that, I don’t know,” Leinart said. And that's what happened. The situation is about to get worse, consumer advocates warn. In many cases, energy industry service providers are the companies helping build offshore wind farms.

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by the Fair Credit Reporting Act (FCRA). “A foreclosure sale conducted in a county that had officially cancelled all foreclosure sales was not only ‘irregular,’ but also illegal, improper and unconscionable.”. Millions of Americans impacted by the economic crisis are skipping mortgage and other loan payments, and some COVID-19 hardship programs are set to expire soon. Mullen has been in the energy service business since the late 1970s after a short but storied football career first at St. Marks School of Texas, then as an All-American at Tulane University. The sales are generally held at the courthouse or another location chosen by the county, the firm said. Once Texas millionaire -- and bachelor -- Mike Mullen, then 48, appeared on Oprah Winfrey's show in 1998 to say he was looking for a bride, he was reportedly besieged with thousands of letters. But his two dogs were put on the street, and his trailer was hauled off with everything else inside, leaving him homeless. It was hauled away with all of his belongings, he said.

“His belongings were smashed and scattered throughout the unit, and several items appeared to be stolen,” his lawsuit said. But on May 5, his lender sold the house during a Dallas foreclosure auction that no one attended — during the height of the coronavirus scare, according to a lawsuit Mullen filed.

Politics played into his decision to move his equipment, Mullen said, and politics created an opportunity for a U.S. service provider in Asia. About 3 million auto loans and 9% of home mortgages are in some sort of forbearance plan, according to a report by National Public Radio. That firm did not return phone calls. Kevin earned a BA from Boston University. Another large, self-propelled jackup vessel, Zaratan, owned by Seajacks Japan, left Northern Europe, where it was working on wind farms and arrived in Taiwan earlier this year. Copyright © 2020 The Dallas Morning News. “The fact that Dallas County officially cancelled all foreclosure sales made it a foregone conclusion that no potential purchaser would possibly show up to bid at the illegal foreclosure,” the lawsuit said. More than 2.2 million Texans have filed for unemployment since COVID-19 began its spread in March. Apartment building permits are dropping in D-FW and the U.S. Get the latest headlines delivered to your inbox every weekday. Get the latest headlines delivered to your inbox every weekday. Resides in Dallas, TX . "It's my first time in an alternative energy project," he said. Kevin Krause. Both men have sued to regain their homes. Become a business insider.

Mike has 7 jobs listed on their profile. He started his own company in 1985 and began buying oilfield equipment such as offshore drill ships during market downturns and selling them for a profit when the economy sparked back to life. The liftboats, which each can sleep and feed as many as 100 workers in 260 feet of water, have been hired by The Netherlands-based Boskalis, one of the largest marine construction companies, to work on new offshore wind farms. "I'm leaving a potential war zone in the Middle East to a new area, Taiwan, which is closed off to Chinese equipment," he said. Kevin has worked for The Dallas Morning News since 2003, and he has covered federal criminal courts for the past six years. The Texas Office of Consumer Credit Commissioner, which regulates non-bank financial services, urged lenders in March to work with borrowers during the coronavirus crisis, including suspending vehicle repossessions and property foreclosures. about employment, tenant screening, or any purpose covered by the FCRA. The Dallas County Sheriff’s Department, which handles property tax foreclosures, said the private mortgage company foreclosures are run by an Addison-based law firm. Energy Equipment Resource Inc. is moving two liftboats from the Middle East to Taiwan to help build offshore wind farms, said Mike Mullen, who owns the company. It’s been awhile since we checked in with Dallas society page regular Mike Mullen. Mullen was at the time in the “final stages” of negotiating a sale of his house, the lawsuit says. Most large, national financing companies decided to voluntarily halt or scale back repossessions and home foreclosures during the pandemic, while many “mom and pop” outfits continued with business as usual, legal experts say. “The severity of the maliciousness of their actions is multiplied by the fact that their greed took place in time that they intentionally took gross advantage of great crisis and chaos of shutdowns caused by worldwide pandemic,” Mullen’s lawsuit said. He and his partners also have leased out spacious and well-appointed oil rig housing units across the globe.

His business ventures also have included buying and selling luxury aircraft.

The city of Dallas created a temporary assistance program that offers rental and mortgage relief to residents in need. Hankins, 40, who owns an auto garage, said he was up to date on his trailer payments. Auto Finance News reported that Texas and some other states have asked creditors to temporarily cease vehicle repossessions during the pandemic, without taking more restrictive steps like a moratorium. The WhaleShark and KingFish, huge pieces of equipment sometimes called jackup barges, are aboard the Red Zed 11 ship, which departed from Al Jazeera Port in Ras al Khaimah, United Arab Emirates, on Tuesday. But the Federal Trade Commission has warned that while many lenders have “begun to voluntarily forgo repossessions” during the pandemic, vehicles could still be taken if consumers got behind on payments — “sometimes without warning.”, An April blog post by the Bradley law firm said some Texas counties like Dallas decided not to “make county facilities available for sales to proceed.”. Become a business insider. Expand Your Search. "We've been in oil and gas drilling, remediation, but never done anything with wind farms. Copyright © 2020 The Dallas Morning News.

Mike L Mullen, 52. Spokeo is not a consumer reporting agency as defined

Mullen still lives in the home. Tensions in the Middle East have led a longtime Dallas oil and gas drilling service provider to expand into the growing renewable energy business away from the region. The insurance company cut a check, and Hankins said he decided to use some of it for his future trailer payments, “given the uncertainties" associated with the pandemic, his lawsuit said. By signing up you agree to our privacy policy, Stand with us in our mission to discover and uncover the story of North Texas. But no order is linked to the notice of canceled foreclosures on Dallas County’s website, and there is some confusion about it in the local mortgage industry. The sale occurred despite a notice in red letters on Dallas County’s website, saying: “Due to COVID-19, all Foreclosure Sales are Cancelled Until Further Notice.”. But creditors may not be willing to continue “backing off and not pushing foreclosure and repossession,” he added. “Essentially, people are getting a pass right now,” said Leinart, the local bankruptcy attorney. In 1985, Mullen started his own company by buying oilfield equipment from the bank at distressed prices to hold and market them when the downturn ended. “I had to buy new underwear and socks,” said Hankins, who is now living in a motel.

Many, he said, are taking a “much softer approach” or are ceasing foreclosures and repossessions altogether. Need help finding Mike? Leinart said foreclosures at the George Allen courthouse in downtown Dallas happen on the first Tuesday of every month, regardless what date it falls on, and he can’t remember a time when it was ever halted. Mike Mullen, 70, a former NFL linebacker and oil rig investor, is suing after his $9 million Dallas house was foreclosed on during the height of the coronavirus panic. The suit accuses MNP1 of “grossly under-bidding” on the $9 million house and buying it for $5.5 million. He and other local bankruptcy lawyers say the only home mortgage foreclosures they are aware of that were suspended involve federally backed mortgages like Fannie Mae. All Filters. Owner Mike Mullen has made a career of working the energy industry's downsides and upsides, as a buyer and seller of equipment and as a service provider. Mullen”); and (b) Tiffany Mullen, the former wife of Mr. Mullen, who is a beautiful, former model, and resides in Aspen, Colorado (the “Ex-Mrs. Mullen”). He was drafted by the Miami Dolphins in 1973. Operating in the Middle East has become more expensive, Mullen said. It's a very evolving market in Taiwan and Japan for wind farms and has parallels to Northern Europe and the North Sea," where the wind farm industry has grown significantly. Fear of a deadly contagion was great enough to prompt authorities to spare residents the threat of eviction, but it didn’t stop some people from losing their homes. If blue wave crashes on Lone Star State, Texas GOP’s longstanding congressional clout would suffer, Two deals that make sense for the Dallas Cowboys at the NFL trade deadline. All rights reserved. While Hankins was moving the trailer in March, it sustained about $4,700 worth of damage.



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