MFI-Miami Blog

  SLS Shaking Down Homeowners Over Bank Of America Zombie Mortgages. Problem Is, SLS Can’t Prove They Own The Debt. Is SLS shaking down homeowners again? It appears they are. This time like a mafia crime boss. Unfortunately, this time it appears Specialized Loan Servicing bought a U-Haul truck full of worthless paper from Bank of America. Yet, that hasn’t stopped the lender from trying to  play Tony Soprano .  About five years ago, bean counters at Bank of America figured out a way to make a few bucks. They decided to sell their worthless paper to any sap servicer and investor. BofA charged off the majority of these loans as being uncollectable. They loaded up bankers’ boxes full of these garbage loans and put them in storage units around Dallas, TX and Charlotte, NC. Then, like a scene out of  Storage Wars , second-tier and third-tier servicers like SLS would bid on the hundreds of bankers’ boxes in the storage unit.  Read More at MFI-Miami

  MFI-Miami Launches The SLS COVID-19 Foreclosure Defense Hotline! Call Us At 888.737.6344 MFI-Miami has created the SLS COVID-19 Foreclosure Defense Hotline. If you're facing foreclosure from SLS during these perilous times during the coronavirus pandemic, we can help. Call 888.737.6344. The coronavirus pandemic has put America is in a crisis. MFI-Miami is doing our part to help during these perilous times. Unfortunately, SLS doesn't see it that way. It appears they have ignored President Trump's call for a payment and foreclosure moratorium. Yes, we know this for a fact. An MFI-Miami client was served with a foreclosure lawsuit by SLS during this national emergency. An MFI-Miami client claims they have been threatened with foreclosure lawsuits by SLS during this national emergency. Yes, we know this for a fact. An MFI-Miami client was served with a foreclosure lawsuit by SLS during this national emergency. As a result, MFI-Miami has created a foreclosure defense team excl...