MFI-Miami

July 2017

Navient

Navient Busted Herding Student Loan Borrowers Into Default

Navient Busted Herding Student Loan Borrowers Into Default Then Using The Federal Government To Shake Them Down For Money Navient Corporation is the largest student loan servicer working under contract for Sallie Mae and the Department of Education. The servicer is also the most disorganized and the hardest to get information from. Their level of inept […]

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student loan debt crisis

Pending Student Loan Debt Crisis Sets Off Alarms At Citibank

Citibank Sounds The Klaxon On Pending Student Loan Debt Crisis The pending student loan debt crisis is unnerving and it has all the same traits as the mortgage crisis. from a decade ago. Now a major player in the global financial markets is sounding alarms. Citi Global Perspectives & Solutions recently raises the specter to that

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specialized-loan-servicing

Does Specialized Loan Servicing Discriminate Against People of Color?

Elderly Black Man Locked Out Of His Home By Specialized Loan Servicing During Foreclosure Fight.  Specialized Loan Servicing aka SLS has been trying unsuccessfully to foreclose on frail 87-year-old Thomas Brown. Brown’s foreclosure litigation has dragged out for nearly two years. Yet, that didn’t stop SLS from locking the elderly black man out of his

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Fact-Checking Website Snopes About To Collapse

Snopes Owner David Mikkelson Accused of Embezzling Money From The Company For Prostitutes And Lavish Trips Fact-checking website Snopes is on the verge of financial collapse. Its owner David Mikkelson is accused of embezzling company funds by multiple people. Mikkelson allegedly used the funds to pay for his bitter divorce battle. He also allegedly used the

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fake mortgage satisfaction

Creating Fake Mortgage Satisfaction Docs Gets Federal Employee Jail Time

Federal Employee David Tyrone Johnson Busted For Creating Fake Mortgage Satisfaction Documents Creating fake mortgage satisfaction documents will force David Tyrone Johnson to spend 18 months in federal prison. Johnson was also sentenced to two years of supervised release. Johnson pleaded guilty in April 2017 to charges of bank fraud and making false statements. He must

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