Suntrust Concedes $200K Principal Write Down To MFI-Miami Client

MFI-Miami Forces Suntrust To Concede A $200,000 Principal Write-Down And Debt Restructuring For Client 

It was the 11th hour for single dad Mike Conroy of New York. Suntrust had spent the past three years trying to foreclosure on Mike and his kids. Mike and his attorney thought they were out of legal options and Suntrust refused to negotiate any type of loan modification. The situation looked hopeless and grim.

That was until Mike Conroy's lawyer contacted MFI-Miami. The first thing I noticed was that on the surface this foreclosure file was it was unusually clean. Information in the complaint precisely matched the mortgage records at the Orange County Clerk's Office. The note was endorsed to Suntrust from the originating lender, American Bank. Everything looked perfect to the untrained eye.

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