MFI-Miami

New York Department of Financial Services

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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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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HSBC

Sterling National Bank Complaint Prompts Investigation By NYDFS

The Sterling National Bank Complaint And New Investigations By The FDIC & NYDFS Could Shatter Merger With Hudson Valley Bank Last week, I wrote about how a Sterling National Bank complaint has led the FDIC and the U.S. Treasury’s Office of the Comptroller of the Currency (OCC) to launch investigations into the treatment of Sterling

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Was Mortgage Fraud Committed On Rapper DMX’s NY Mansion?

Creditors Battle It Out Over Who Can Foreclose On Rapper DMX’s NY Home Rapper DMX aka Earl Simmons has been living his house since 2009 for free. Apparently, he had been dodging the process server from Compass Bank. Compass Bank had been trying to foreclose on his New York Mansion since 2009. I thought this was

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