MFI-Miami

October 2017

Credit Union National Association Sues Equifax Over Data Breach

Credit Union National Association Sues Equifax On Behalf Of  Its Members Over Losses From Data Breach The Credit Union National Association is suing Equifax on behalf of its members. CUNA filed the lawsuit last week in Federal Court in Atlanta. The suit seeks to recover the costs borne by credit unions in the aftermath of the Equifax’s security […]

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ganja

Ganja Creates Real Estate Gold Rush In California

Real Estate Investors Flock To California Ahead Of Legalization Of Recreational Ganja Real estate investors are flocking to California as the golden state is about the legalize recreational ganja use. The state will begin issuing temporary licenses for “cannabis commercial activity” on Jan. 1, 2018. Permanent licensing to follow within 120 days. This highly anticipated event

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Former Deutsche Bank Executive

Feds Pursue Former Deutsche Bank Head of Subprime Trading

DOJ Alleges Former Deutsche Bank Executive Fraudulently Sold $1.4 Billion Worth Of Residential Mortgage-Backed Securities The Department of Justice has filed a civil complaint against Paul Mangione. Mangione is the former Head of subprime trading at Deutsche Bank.  The DOJ alleges Mangione engaged in fraud by misrepresenting the characteristics of loans in two residential mortgage-backed

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higher university tuition

Higher University Tuition Costs Are Driving Millennials Overseas

Higher University Tuition Costs Are Driving Students To Schools Overseas Where Tuition Ranges From Free To 30% Of American Universities Higher university tuition and student loan costs are forcing American students to study abroad. University tuition has skyrocketed in the United States over the past 20 years. University tuition in the United States averages roughly $10,000 to

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Reverse Mortgages

Non-Borrower Spouses Are Protected On Reverse Mortgages

Federal Courts Have Provided Non-Borrower Spouses With Protections From Reverse Mortgage Foreclosure Non-Borrower Spouses whose names were not on Reverse Mortgages were pretty screwed when the spouse died. However, in 2013, the federal court in the District of Columbia handed down a landmark ruling. The ruling recognized the need to protect surviving spouses in this situation. Bennett

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