America's Wholesale Lender

MFI-Miami Calls On The FDIC To Fast Track Investigations Of Sterling National Bank

Bait & Switch Tactics and Liquidation Of Accounts By Sterling National Bank Are The Everyday Practices Of This “Community” Bank  “I have been in the financial arena a long time and I have never witnessed a bank as incompetently run as Sterling National Bank. The Youngblood case is a perfect example of this. Sterling National Bank holds $1.1 […]

Wells Fargo Sales Tactics

How To File Complaints Against Sterling National Bank

How To File Complaints Against Sterling National Bank With The FDIC & U.S. Treasury  Last week, I wrote an article about Sterling National Bank. I wrote about the bank’s use of intimidation, mob style collection tactics and their practice of liquidating accounts without their customer’s knowledge. As a result, the article must have hit a nerve on […]

Chris Christie

Should Sterling National Bank Be Re-Named “Soprano” National Bank?

Intimidation, Liquidation Of Accounts, Mob Style Collection Tactics Are The Everyday Practices Of Sterling National Bank  People want to think small town banks like Sterling National Bank are run by a sympathetic George Bailey types. Small community banks operate like the mafia. They have no problem using intimidation and thuggery to get what they want. […]

NY State Superintendent of Financial Services Sends Warning To Non-Bank Servicers

Benjamin M. Lawsky, Superintendent of Financial Services for the State of New York, delivered remarks on Tuesday at the Mortgage Bankers Association 2014 National Secondary Market Conference  in New York City. The following are excerpts from Superintendent Lawsky’s remarks on non-bank mortgage servicing as prepared for delivery. Let’s start with the issue of non-bank mortgage […]

MFI-Miami Clients

MFI-Miami Clients Win In NY Appellate Court

MFI-Miami Clients Get To Stay In Their Home With The Help Of New York Foreclosure Defense Attorney John Schwarz  MFI-Miami clients Traci and Germaine Gales won’t be forced out of their home anytime soon. I was able to prove that the plaintiff suing them for foreclosure lacked legal standing to foreclose. Attorney John Schwarz convinced […]

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