MFI-Miami

Financial News

The MFI-Miami Blog offers the latest in financial news. Along with the latest warnings about lenders downsizing or shutting their doors.

The blog also posts warnings about the latest scams. We also write about busted scammers and other shysters who prey on the vulnerable.

We also offer opinions and sometimes we’ll dab our toes into local politics. Especially, if the story is really juicy.

MFI-Miami will also promote specials we are running on our blog. We will also write about new foreclosure defense strategies and areas that we are covering with partnered law firms.

You will also read stories about people losing their homes. In addition, you will read David and Goliath stories about people successfully standing up to their lenders to fight for their home.

Call us today 1.888.214.6377 to learn more!

Massachusetts Mortgage Broker

Wells Fargo Bankers Accused Of Fraud

Los Angeles City Attorney Mike Feuer has sued Wells Fargo Bankers alleging Wells Fargo Los Angeles City Attorney Mike Feuer has sued Wells Fargo Bankers alleging the bank “victimized” its California customers. Feuer accused the bank with using illegal bank tactics. He claims Wells Fargo opened accounts in customer’s names without their permission so employees can reach […]

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Wells Fargo Bankers Accused Of Fraud Read Post »

FCA Gives Free Tuition To Dealer Employees But…

The Deal Is Only Good At A Single For-Profit Diploma Mill With A History Of Complaints And Issuing Worthless Degrees   On Monday, Fiat Chrysler Automobiles (FCA) announced that all 118,000 U.S. dealership employees at its U.S. dealerships will get the opportunity for free college tuition. The degrees will be offered as a benefit at no-cost

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FCA Gives Free Tuition To Dealer Employees But… Read Post »

Bank of America

Its Official: Bank of America. Worst. Bank. Ever.

Bank of America Tops the JD Power List of the Most Hated Banks It may be 8 years since the onset of the worst financial crisis in American history since the Great Depression but Americans still haven’t forgiven the banks for the role they played in creating the crisis. In its latest survey of the U.S.

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Its Official: Bank of America. Worst. Bank. Ever. Read Post »

Former Deutsche Bank Executive

Deutsche Bank Fined $2.5B For Libor Rigging

Deutsche Bank Fined $2.5B For Scheming With Other Banks Deutsche Bank on Thursday became the latest big bank to settle accusations that it contributed to rigging Libor interest rates.  The London Interbank Offered Rate, the interest rate of choice for trillions of dollars in municipal bonds, mortgages, student loans and other debt. To settle the

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Deutsche Bank Fined $2.5B For Libor Rigging Read Post »

Quicken Loans

US DOJ Sues Quicken Loans Under False Claims Act

Quicken Loans Faces Losing Billions Of Dollars If Found Liable Under False Claims Act Detroit-based Quicken Loans has been sued by the DOJ today under the False Claims Act. The DOJ alleges that Quicken bullied appraisers to receive higher values for applicants. They also allege underwriting managers encouraged underwriters to “fudge” the incomes of hundreds

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US DOJ Sues Quicken Loans Under False Claims Act Read Post »

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