MFI-Miami

Housing Crisis

Wells Fargo

Wells Fargo Forecloses On Old Couple Who Sold Their Home 21 Years Ago

Wells Fargo Continues Its Campaign Of Fear On The Elderly It’s another example of how disorganized Wells Fargo has become. Wells Fargo shocked elderly couple Sheridon and Susan Turner when a process server knocked on their door. The process server informed them that Wells Fargo was suing them for foreclosure. Sheridon and Susan Turner sold the home […]

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Lawsky & NYDFS Preparing To Battle Deutsche Bank Over Libor Rigging

NYDFS Claims Thousands Of New Yorkers Have Lost Their Homes Because Of Libor Rigging The Superintendent of the New York State Department of Financial Services, Benjamin Lawsky has joined other U.S. banking regulators investigating Deutsche Bank AG for manipulation of the Libor benchmark borrowing rate.  This new probe by the NYDFS of the monolithic German

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ocwen

As Ocwen Downsizes, It Faces Delisting On NYSE

After Unloading nearly $64.4 Billion In Servicing Rights, Ocwen Still Faces Problems Last week on the heels of Ocwen’s announcement that it was selling $45 Billion in mortgage servicing rights to JPMorgan Chase, Ocwen announced it was selling $9.6 Billion in servicing rights to Walter Investment Management Corporation, the parent company of Green Tree Loan Servicing.  This is on

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Lying About Sink Hole

Lawsuit Shows How Clueless Bank of America Management Really Is

Bank of America Attempts To Foreclose On A House That They Approved For Short Sale In a bizarre case out of Florida’s 3rd District Court of Appeals, Bank of America attempted to foreclose on a house that they had approved a short sale on and allowed to close. In 2012, Bank of America filed a

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Lawsuit Shows How Clueless Bank of America Management Really Is Read Post »

Michigan Treasury

Sterling National Bank-Hudson Valley Bank Merger: In Trouble?

OCC & NYDFS Investigations Into Sterling National Bank’s Shenanigans Worry Customers and Share Holders MFI-Miami has learned that shareholders and deposit holders at Hudson Valley Bank are having grave concerns about the bank’s merger with Sterling National Bank. Sterling is now under investigation by both the OCC and the NYDFS. Sterling and Hudson Valley Bank agreed

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Sterling National Bank-Hudson Valley Bank Merger: In Trouble? Read Post »

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