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...

Specialized Loan Servicing Spanked By The CFPB To The Tune Of  $1.5 Million For Dual Tracking Specialized Loan Servicing spanked again by the Consumer Financial Protection Bureau! The Australian owned mortgage servicer will pay more than $1.5 million as part of a settlement with the CFPB. The CFPB accused SLS of taking illegal foreclosure actions against mortgage borrowers who were entitled to protection from foreclosure. The CFPB alleges SLS violated both the Real Estate Settlement Procedures Act and the CFPB’s mortgage servicing rules. The agency alleges Specialized Loan Servicing pursued foreclosure actions on a number of borrowers while they requested other loss mitigation options. In other words, SLS allegedly committed dual tracking. The CFPB’s  servicing rules  prohibit servicers from starting the foreclosure process after a borrower submits their loss mitigation application. Read more at MFI-Miami

SLS Has Ignored President Trump’s Foreclosure Moratorium! So MFI-Miami Created The Specialized Loan Servicing Foreclosure Hotline!  MFI-Miami has created a Specialized Loan Servicing Foreclosure Hotline. If you’re facing foreclosure from  Australian-owned  Specialized Loan Servicing during these perilous times the coronavirus, 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, Australian-owned Specialized Loan Servicing ( SLS)  doesn’t see it that way. 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. Read more at MFI-Miami

Australian-Owned Specialized Loan Servicing Defies Trump COVID-19 Foreclosure Moratorium. SLS Wants Your House!  It appears Australia is sending a big “FUCK YOU, AMERICA! WE’RE TAKING YOUR HOMES!” to American homeowners. Although, both countries seem to be in the middle of the COVID-19 pandemic. Australian-owned Specialized Loan Servicing apparently has no problem issuing demands to Americans like they are  Humungus and his roving band of mutants from  The Road Warrior . The non-bank lender is owned by Australia-based  Computershare  has a long history of jerking around homeowners. SLS is defying Trump’s 90-day foreclosure moratorium by proceeding with filing foreclosures across the United States. MFI-Miami has received nearly two dozen calls from homeowners with SLS mortgages from California to South Carolina saying they have been served in the past week. Read more at MFI-Miami

Specialized Loan Servicing Warning! Can Specialized Loan Servicing Validate Your Mortgage Debt? Probably Not! Steve Dibert, CEO of internationally-renowned mortgage fraud investigation firm  MFI-Miami , announced today that  MFI-Miami  has discovered serious flaws in the way Specialized Loan Servicing validates debt owed by homeowners. Specialized Loan Servicing is owned by  Computershare  out of Australia. As a result, MFI-Miami has issued a Specialized Loan Servicing Warning to homeowners.  MFI-Miami CEO Steve Dibert: Homeowners need to request their complete mortgage transaction histories from Specialized Loan Servicing and review them. If there is missing information or if something doesn’t look right, they need to contact a lawyer or a properly trained mortgage fraud expert immediately! MFI-Miami  has examined nearly 150 transaction histories from mortgage loans currently serviced by Computershare subsidiary Specialized Loan Servicing...